Merger Notification - Announcement according to § 10 Cartel Act

DER Touristik Hotels & Resorts GmbH; DR Hospitality GmbH & Co. KG und DR Hospitality Verwaltungsgesellschaft mbH; Deutsche Seereederei GmbH - BWB/Z-5667 | Bundeswettbewerbsbehörde

DER Touristik Hotels & Resorts GmbH; DR Hospitality GmbH & Co. KG und DR Hospitality Verwaltungsgesellschaft mbH; Deutsche Seereederei GmbH

BWB/Z-5667

15.09.2021

On 15.09.2021 the Austrian Federal Competition Authority was notified of the following merger:

Planned purchase process

DER Touristik Group GmbH (Germany) intends to indirectly acquire 50% of the shares of and joint control over DR Hospitality GmbH & Co. KG (Germany) and DR Hospitality Verwaltungsgesellschaft mbH (Germany).

 

Economic Sector: Accomodation

Industry sector: I - Gastgewerbe/Beherbergung und Gastronomie

Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 13.10.2021.

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 14.10.2021 .

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