Merger Notification - Announcement according to § 10 Cartel Act
Exponent Private Equity LLP; Gilde Buy-Out Partners B.V.; Horizon Midco Limited; Pixel Acquisitions B.V.
BWB/Z-5686
On 28.09.2021 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Exponent Private Equity LLP (London / United Kingdom) and Gilde Buy-Out Partners B.V. (Utrecht / Netherlands) intend to establish a joint venture. Exponent Private Equity LLP will contribute its indirectly solely controlled subsidiary Horizon Midco Limited (London / United Kingdom) and Gilde Buy-Out Partners B.V. will contribute its indirectly solely controlled subsidiary Pixels Acquisitions B.V. (Amsterdam / Netherlands) to the joint venture. Exponent Private Equity LLP and Gilde Buy-Out Partners B.V. will each hold non-controlling minority shareholdings of more than 25% in the joint venture. The proposed concentration concerns the manufacture of personalised photo products.
Affected industry: Printing and reproduction of recorded media
Industry sector: C - Verarbeitendes Gewerbe/Herstellung von Waren
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 27.10.2021.
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 28.10.2021 .