Merger Notification - Announcement according to § 10 Cartel Act
Lappkabel S.r.l.; KU Distribution S.r.l.; UNIKA S.p.A.
BWB/Z-5417
On 18.05.2021 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Lapp Kabel S.r.l., Italy, controlled by Lapp Holding AG, Germany, intends to acquire a further 51% of the shares in KU Distribution S.r.l., Italy and UNIKA S.p.A., Italy, in which it already holds 49% each.
Economic sector: Wholesale of other machinery and equipment
Industry sector: G - Handel; Instandhaltung und Reparatur von Kraftfahrzeugen
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 15.06.2021.
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 16.06.2021 .