Merger Notification - Announcement according to § 10 Cartel Act
TA Associates Cayman, Ltd.; Smiths Medical 2020 Limited
BWB/Z-5641
On 30.08.2021 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Funds managed by TA Associates Cayman, Ltd. (Cayman Islands) intend to indirectly acquire a majority of the shares in and sole control over Smiths Medical 2020 Limited (United Kingdom).
The concentration concerns the manufacture and supply of medical devices.
Industry sector: C - Verarbeitendes Gewerbe/Herstellung von Waren
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 27.09.2021.
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 28.09.2021 .