Merger Notification - Announcement according to § 10 Cartel Act
Vertex Aerospace LLC; Raytheon Technologies Corporation
BWB/Z-5675
On 20.09.2021 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Vertex Aerospace LLC, USA, a company controlled by American Industrial Partners Capital Fund VI , L. P., US A, intends to a cquire ( directly /indirectly ) all shares and voting rights of the entities and assets comprising the Defense Training Solutions & Commercial Training S olutions , Mission Critical Solutions, and Modernization & Sustainment business lines from Raytheon Technologies Corporation, USA.
Economic Sector: Defence activities
Industry sector: O - Öffentliche Verwaltung, Verteidigung; Sozialversicherung
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 18.10.2021.
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 19.10.2021 .