Merger Notification - Announcement according to § 10 Cartel Act

Compressor Products Group; Granite US Holdings - BWB/Z-5733 | Bundeswettbewerbsbehörde

Compressor Products Group; Granite US Holdings



On 29.10.2021 the Austrian Federal Competition Authority was notified of the following merger:

Planned purchase process

The notified transaction concerns the planned indirect acquisition by KPS Capital Partners, LP, United States, through its indirect subsidiary, Granite US Holdings Corporation, a Delaware corporation which is part of the Howden group of companies, of Compressor Products International (comprised of Compressor Products International, LLC (USA) Compressor Products International (Shanghai) Co., Ltd (China), Compressor Products International South Korea, Co. Ltd. (South Korea), Compressor Products International Limited (UK), CPI-Liard SAS (France), Compressor Products International, Germany, and certain Canadian assets).


Fields of activity: Repair of Machines

Industry sector: C - Verarbeitendes Gewerbe/Herstellung von Waren

Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 26.11.2021.

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 27.11.2021 .

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