Merger Notification - Announcement according to § 10 Cartel Act
aptus 1819. GmbH; YT Industries GmbH
BWB/Z-5608
On 10.08.2021 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
ARDIAN Holding S.A.S., Paris, France (“ARDIAN”) intends to indirectly acquire sole control over YT Industries GmbH (“YT”), Hausen. YT is active in the development and sale of mountain bikes via a proprietary web-shop. ARDIAN is an independent private equity firm based in Paris that manages and advises investment funds specializing in investments in unlisted companies and in other funds.
Affected business areas: development and sale of bicycles
Industry sector: C - Verarbeitendes Gewerbe/Herstellung von Waren
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 07.09.2021.
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 08.09.2021 .