Merger Notification - Announcement according to § 10 Cartel Act
Kollitsch Immobilien GmbH; PORR Bau GmbH
BWB/Z-5537
On 14.07.2021 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
PORR Bau GmbH and the municipality Klagenfurt am Wörthersee entered into an innovation partnership in connection with the lighthouse project "Sport, Family, Health", which concerns in particular the new sports and vitality pool to be built in Klagenfurt.
The innovation partnership agreement concluded for this purpose, together with rights of use for previous results, will be transferred to a project company, in which Kollitsch Immobilien GmbH will hold 49% of the shares.
Business sectors concerned: Development of building projects
Industry sector: F - Baugewerbe/Bau
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 .