Merger Notification - Announcement according to § 10 Cartel Act

AGROFERT, a.s; AGRONOM d.o.o. - BWB/Z-5604 | Bundeswettbewerbsbehörde




On 06.08.2021 the Austrian Federal Competition Authority was notified of the following merger:

Planned purchase process

GROFERT, a.s, a company active in the field of agriculture, food processing, production of organic and inorganic chemistry, forestry industry, sale and distribution of agricultural machinery and media, intends to directly acquire 70% of the shares in and at least joint control over AGRONOM d.o.o., a Croatian company active in the sale of agricultural products, plant protection products, fertilizers, cattle-breeding and agricultural machinery. Mr. Darko Aračić, one of the sellers, will continue holding 30 % of the shares and exercising joint control over the Target. 

Industry sector: G - Handel; Instandhaltung und Reparatur von Kraftfahrzeugen

Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 03.09.2021.

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 06.09.2021 .

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