Merger Notification - Announcement according to § 10 Cartel Act

Gotion High-Tech Co. Ltd; Robert Bosch Aftermarket Solutions GmbH - BWB/Z-5741 | Bundeswettbewerbsbehörde

Gotion High-Tech Co. Ltd; Robert Bosch Aftermarket Solutions GmbH

BWB/Z-5741

08.11.2021

On 04.11.2021 the Austrian Federal Competition Authority was notified of the following merger:

Planned purchase process

Gotion High-Tech Co. Ltd, China, intends to acquire, via the subsidiary Gotion GmbH, Germany, (i) all shares and voting rights in the company Robert Bosch Aftermarket Solutions GmbH, Germany (Target) and (ii) a manufacturing plant located in Göttingen, Germany, currently operated by the Target.

Economic Sector: Manufacture of parts and accessories for motor vehicles; Manufacture of batteries and accumulators

Industry sector: C - Verarbeitendes Gewerbe/Herstellung von Waren

Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 02.12.2021.

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 03.12.2021 .

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