Merger Notification - Announcement according to § 10 Cartel Act
Kingspan Holding Netherlands BV; LOGSTOR International Holding S.à r.l.
BWB/Z-5362
On 12.04.2021 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Kingspan Holding Netherlands BV, Netherlands, intends to acquire 100 % of the shares of and sole control over LOGSTOR International Holding S.à r.l., Luxembourg. The proposed transaction relates to the production and supply of pre-insulated pipes and related accessories.
Economic Sector: Manufacture of tubes, pipes, hollow profiles and related fittings of steel.
Industry sector: C - Verarbeitendes Gewerbe/Herstellung von Waren
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 10.05.2021.
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 11.05.2021 .