Merger Notification - Announcement according to § 10 Cartel Act

Platinum Equity, LLC; Achieve3000, Inc. - BWB/Z-5656 | Bundeswettbewerbsbehörde

Platinum Equity, LLC; Achieve3000, Inc.



On 06.09.2021 the Austrian Federal Competition Authority was notified of the following merger:

Planned purchase process

Platinum Equity, LLC, United States, intends to indirectly acquire all of the shares in and thereby sole control over Achieve3000, Inc., United States.


Industry: IT solutions.

Industry sector: J - Information und Kommunikation

Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 04.10.2021.

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 05.10.2021 .

back to list