Merger Notification - Announcement according to § 10 Cartel Act
H.I.G. Middle Market LBO Fund III, L.P.; Time Manufacturing Holdings LLC
BWB/Z-5730
On 28.10.2021 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
H.I.G. Middle Market LBO Fund III, L.P., USA, intends to indirectly acquire all shares in and sole control over Time Manufacturing Holdings LLC, USA.
Economic Sector: Wholesale of other machinery and equipment
Industry sector: G - Handel; Instandhaltung und Reparatur von Kraftfahrzeugen
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 25.11.2021.
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 26.11.2021 .