Merger Notification - Announcement according to § 10 Cartel Act
ADOMO Beteiligungs GmbH; IMMO CONTRACT Gruppe
BWB/Z-5403
On 06.05.2021 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
ADOMO Beteiligungs GmbH with business seat in Vienna, a company of SORAVIA Group, intends to acquire all shares in IMMO-CONTRACT Maklergesellschaft m.b.H. with business seat in Vienna, IMMO-CONTRACT St. Pölten Maklergesellschaft m.b.H. with business seat in St. Pölten, IMMO-CONTRACT Oberösterreich Makler- gesellschaft mbH with business seat in Wels and Immo-Contract Baden Maklergesellschaft m.b.H. with business seat in Baden.
Affected Business Branch: Real Estate Brokerage
Industry sector: L - Grundstücks- und Wohnungswesen
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 04.06.2021.
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 05.06.2021 .