Merger Notification - Announcement according to § 10 Cartel Act
Interpump Group S.p.A.; White Drive Motors and Steering LLC
BWB/Z-5546
On 19.07.2021 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Acquisition of 100 % of the shares in and sole control over White Drive Motors and Steering LLC, USA, White Drive Motors and Steering GmbH, Germany, and Danfoss Power Solutions sp. z.o.o., Poland, and certain assets from Danfoss A/S, Denmark, by Interpump Group S.p.A., Italy.
Economic Sector: Manufacture of fluid power equipment
Industry sector: C - Verarbeitendes Gewerbe/Herstellung von Waren
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 16.08.2021.
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 17.08.2021 .