Merger Notification - Announcement according to § 10 Cartel Act
Lindberg Gruppe; Kering Gruppe; Richemont Gruppe
BWB/Z-5535
On 14.07.2021 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
The filed transaction concerns the intended purchase of 100% of the shares in the Danish company LINDBERG A/S and the Swiss company LINDBERG AG by the Italien company Kering Eyewear S.p.A.. The intendet transaction fulfills the provision of Section 7 (1) Z 3 KartG in connection with Section 9 (1) KartG.
The proposed concentration concerns the eyewear products business.
Business sector concerned: Manufacture of optical products.
Industry sector: C - Verarbeitendes Gewerbe/Herstellung von Waren
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 11.08.2021.
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 12.08.2021 .