Merger Notification - Announcement according to § 10 Cartel Act

TE Connectivity Ltd.; Tyco Electronics (Schweiz) Holding II GmbH; Erni Group AG - BWB/Z-5572 | Bundeswettbewerbsbehörde

TE Connectivity Ltd.; Tyco Electronics (Schweiz) Holding II GmbH; Erni Group AG

BWB/Z-5572

27.07.2021

On 27.07.2021 the Austrian Federal Competition Authority was notified of the following merger:

Planned purchase process

TE Connectivity Ltd., Switzerland, via its subsidiary Tyco Electronics (Schweiz) Holding II GmbH, Switzerland, intends to acquire all shares in and sole control over ERNI Group AG, Switzerland, and all its affiliated companies.


Economic sector: Other manufacturing n.e.c.

Industry sector: C - Verarbeitendes Gewerbe/Herstellung von Waren

Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 24.08.2021.

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 25.08.2021 .

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