Merger Notification - Announcement according to § 10 Cartel Act

Comer Industries S.p.A.; WPG Holdco B.V.; WPG Parent B.V. - BWB/Z-5609 | Bundeswettbewerbsbehörde

Comer Industries S.p.A.; WPG Holdco B.V.; WPG Parent B.V.



On 11.08.2021 the Austrian Federal Competition Authority was notified of the following merger:

Planned purchase process

Comer Industries S.p.A., Italy, intends to acquire all shares in and sole control over WPG Holdco B.V., the Netherlands, from WPG Parent B.V., the Netherlands, whereas WPG Parent B.V., the Netherlands, a holding company that is indirectly controlled by OEP Capital Advisors L.P., USA, plans to simultaneously acquire 28% of the shares of Comer Industries S.p.A., Italy. 

The proposed transaction concerns the design, manufacture and supply of mechanical components for off-highway applications. 

Affected business areas: Manufacture of other parts and accessories for motor vehicles

Industry sector: C - Verarbeitendes Gewerbe/Herstellung von Waren

Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 08.09.2021.

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 09.09.2021 .

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