Merger Notification - Announcement according to § 10 Cartel Act
Mutares SE & Co. KgaA; Magna Exteriors Systems GmbH
BWB/Z-5416
On 17.05.2021 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Mutares SE & Co. KGaA, Germany, intends to acquire from Magna Exteriors Systems GmbH the exterior business in Obertshausen (including Hainburg, Heilbronn and Regensburg) and from Magna Exteriors (Germany) GmbH the exterior business in Sulzbach and Idar-Oberstein.
The transaction concerns the production of components and component systems in the automotive industry.
Economic Sector: Manufacture of parts and accessories for motor vehicles
Industry sector: C - Verarbeitendes Gewerbe/Herstellung von Waren
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 14.06.2021.
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 15.06.2021 .