Merger Notification - Announcement according to § 10 Cartel Act

Kreditanstalt für Wiederaufbau (KfW); HENSOLDT AG - BWB/Z-5327 | Bundeswettbewerbsbehörde

Kreditanstalt für Wiederaufbau (KfW); HENSOLDT AG

BWB/Z-5327

26.03.2021

On 25.03.2021 the Austrian Federal Competition Authority was notified of the following merger:

Planned purchase process

Kreditanstalt für Wiederaufbau (KfW), a German public law institution, intends to acquire on behalf of the Federal Republic of Germany 25.1% of the shares of HENSOLDT AG, Germany.

 Economic sector: Manufacture of instruments and appliances for measuring, testing and navigation 

Industry sector: C - Verarbeitendes Gewerbe/Herstellung von Waren

Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 22.04.2021.

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 23.04.2021 .

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