Merger Notification - Announcement according to § 10 Cartel Act
Sandvik AB; Cambrio
BWB/Z-5518
On 07.07.2021 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Sandvik AB, Sweden, intends to indirectly acquire all shares in and sole control over CAMBRIO, USA, through its wholly owned subsidiary Sandvik Inc., USA, from Battery Ventures LP, USA.
The transaction concerns CAD/CAM software solutions for manufacturing industries.
Industry sector: J - Information und Kommunikation
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 04.08.2021.
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 05.08.2021 .