Merger Notification - Announcement according to § 10 Cartel Act
Sephora SAS; Feelunique Holding Limited
BWB/Z-5591
On 02.08.2021 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Sephora, an indirect subsidiary of LVMH Moёt Hennessy Louis Vuitton, intends to purchase form Palamon Capital Partners, LP and other minority shareholders a 100% sharholding in and sole control of Feelunique Holding Limited.
The proposed concentration concerns the retail distribution of perfumes and cosmetics.
Industry sector: G - Handel; Instandhaltung und Reparatur von Kraftfahrzeugen
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 30.08.2021.
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 31.08.2021 .