Merger Notification - Announcement according to § 10 Cartel Act
LVMH Moet Hennessy Louis Vuitton Inc.; Virgil Abloh Trust; Off-White LLC
BWB/Z-5565
On 23.07.2021 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
LVMH Moёt Hennessy Louis Vuitton intends to indirectly acquire, from the Virgil Abloh Trust, interests in Off-White LLC, as a result of which it will hold a 60% indirect interest in Off-White LLC, which will confer to it, together with the Virgil Abloh Trust, joint control over Off-White LLC.
The proposed concentration concerns the design, production, and distribution of fashion goods.
Industry sector: C - Verarbeitendes Gewerbe/Herstellung von Waren
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 20.08.2021.
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 21.08.2021 .