Merger Notification - Announcement according to § 10 Cartel Act

Bregal Group; Laird Thermal Systems Group - BWB/Z-5580 | Bundeswettbewerbsbehörde

Bregal Group; Laird Thermal Systems Group



On 30.07.2021 the Austrian Federal Competition Authority was notified of the following merger:

Planned purchase process

Bregal Unternehmerkapital III SCSp, Bregal Unternehmerkapital III Funding Feeder SCSp and Bregal Unternehmerkapital III-A SCSp (Grand Duchy of Luxembourg) intend to indirectly acquire all shares in and sole control over Laird Thermal Systems GmbH (Rosenheim / Germany) and Laird Thermal Systems, Inc. (Morrisville / USA) and their related companies.

The intended concentration concerns thermal systems.

Affected business areas: Manufacture of other electrical equipment

Industry sector: C - Verarbeitendes Gewerbe/Herstellung von Waren

Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 27.08.2021.

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 28.08.2021 .

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