Merger Notification - Announcement according to § 10 Cartel Act
Accor S.A.; Ennismore Holdings Limited
BWB/Z-5456
On 10.06.2021 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Accor S.A. and Ennismore Holdings Limited plan to combine the management of their socalled “lifestyle” hotel businesses into a joint venture, majority-owned and solely controlled by Accor.
Affected industry: Accommodation and food service activity – hotels
Industry sector: I - Gastgewerbe/Beherbergung und Gastronomie
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 08.07.2021.
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 09.07.2021 .