Merger Notification - Announcement according to § 10 Cartel Act
De'Longhi Industrial S.A.; La Marzocco International, L.L.C.
BWB/Z-5393
On 29.04.2021 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
De'Longhi Industrial S.A., Luxembourg, intends to acquire an additional 33,34% of the share capital of La Marzocco International, L.L.C., United States of America, and, thereby, a share of more than 50% in and sole control over La Marzocco International, L.L.C.
Field of business concerned: manufacture of machinery for food, beverage and tobacco processing and manufacture of electric domestic appliances.
Industry sector: C - Verarbeitendes Gewerbe/Herstellung von Waren
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 27.05.2021.
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 28.05.2021 .