Merger Notification - Announcement according to § 10 Cartel Act

MTI Beteiligungen GmbH; INOS 20-036 - BWB/Z-5376 | Bundeswettbewerbsbehörde

MTI Beteiligungen GmbH; INOS 20-036



On 20.04.2021 the Austrian Federal Competition Authority was notified of the following merger:

Planned purchase process

An investment vehicle controlled by MTI Beteiligungen GmbH, Schwaig bei Nürnberg, Germany, intends to acquire sole control over INOS 20-036 GmbH, Schwaig bei Nürnberg, Germany, to which the financial services industry solutions business of SAP SE, Walldorf, Germany, will be contributed. The proposed concentration concerns financial services industry solutions software.

Industry sector: J - Information und Kommunikation

Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 18.05.2021.

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 19.05.2021 .

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