Merger Notification - Announcement according to § 10 Cartel Act
VERBUND Energy4Business GmbH; SMATRICS GmbH & Co KG; E-Mobility Provider Austria GmbH
BWB/Z-5624
On 18.08.2021 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
VERBUND Energy4Business GmbH („VERBUND“) intends to acquire 40 % of the shares in each of SMATRICS GmbH & Co KG and E-Mobility Provider Austria GmbH (together referred to as “SMATRICS”), whereby the participation of VERBUND in SMATRICS is increased to 100 % and VERBUND acquires sole control over SMATRICS.
The proposed transaction concerns the provision of electromobility services.
Industry sector: D - Energieversorgung N - Erbringung von sonstigen wirtschaftlichen Dienstleistungen
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 15.09.2021.
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 16.09.2021 .