Merger Notification - Announcement according to § 10 Cartel Act

Axalta Coating Systems UK Holding Limited; U-POL Holdings Limited - BWB/Z-5550 | Bundeswettbewerbsbehörde

Axalta Coating Systems UK Holding Limited; U-POL Holdings Limited

BWB/Z-5550

21.07.2021

On 20.07.2021 the Austrian Federal Competition Authority was notified of the following merger:

Planned purchase process

Axalta Coating Systems UK Holding Limited (UK) intends to acquire all the shares in and sole control over U-POL Holdings Limited (UK). 

The concentration concerns refinish coatings. 

Industry sector: C - Verarbeitendes Gewerbe/Herstellung von Waren

Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 17.08.2021.

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 18.08.2021 .

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