Merger Notification - Announcement according to § 10 Cartel Act
GIMV NV; sofatutor GmbH
BWB/Z-5407
On 10.05.2021 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
GIMV NV (Antwerp/Belgium) intends to indirectly acquire a non-controlling minority interest of up to 35.1% of the shares in sofatutor GmbH (Berlin/Germany).The intended concentration concerns online learning plattforms.
Affected business areas: Other education
Industry sector: P - Erziehung und Unterricht
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 07.06.2021.
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 08.06.2021 .