Merger Notification - Announcement according to § 10 Cartel Act

Deutsche Beteiligungs AG; R+S Beteiligungs GmbH - BWB/Z-5334 | Bundeswettbewerbsbehörde

Deutsche Beteiligungs AG; R+S Beteiligungs GmbH

BWB/Z-5334

29.03.2021

On 29.03.2021 the Austrian Federal Competition Authority was notified of the following merger:

Planned purchase process

Deutsche Beteiligungs AG, Frankfurt am Main, Germany, intends to acquire indirectly, a controlling majority interest in R+S Beteiligungs GmbH, Fulda, Germany. The intended concentration concerns wholesale of electrical installation.

Affected business areas: Wholesale of hardware, plumbing and heating equipment and supplies (G 46.74-0)

Industry sector: G - Handel; Instandhaltung und Reparatur von Kraftfahrzeugen

Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 26.04.2021.

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 27.04.2021 .

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