Merger Notification - Announcement according to § 10 Cartel Act
LVMH Moёt Hennessy-Louis Vuitton SE; AOS Enterprises, LLC; Ace of Spades Holdings, LLC
BWB/Z-5319
On 19.03.2021 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
LVMH Moёt Hennessy Louis Vuitton, through bet Hennessy Inc., intends to purchase from AOS Enterprises, LLC (owned by Mr. Shawn C. Carter) a 50% interest in, and joint control over, Ace of Spades Holdings, LLC.
The proposed concentration concerns the distribution of wines and spirits; (wholesale of wines and spirits)
Industry sector: G - Handel; Instandhaltung und Reparatur von Kraftfahrzeugen
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 16.04.2021.
Entrepreneurs whose legal or economic interests are affected by the merger can bring in a written statement at the Federal Competition Authority or the Federal Cartel Prosecutor within 14 days from publication date.
Note: The intervening party has no right to a certain treatment of the statement and will not gain a party position.
Non-prohibition of the merger
The Federal Competition Authority and the Federal Cartel Prosecutor have not applied for examination of the merger by the Cartel Court. The standstill obligation (§ 17 (1) Cartel Act) ends with effect from 17.04.2021 .