Merger Notification - Announcement according to § 10 Cartel Act

Invest Unternehmensbeteiligungs AG; Dr. Michael Pachleitner Privatstiftung - BWB/Z-5772 | Bundeswettbewerbsbehörde

Invest Unternehmensbeteiligungs AG; Dr. Michael Pachleitner Privatstiftung



On 19.11.2021 the Austrian Federal Competition Authority was notified of the following merger:

Planned purchase process

Establishment of ORIG Management under the joint control of Dr. Michael Pachleitner Privatstiftung and Invest Unternehmensbeteiligungs Aktiengesellschaft. The joint venture will serve as a vehicle for the establishment, acquisition and management of participations in optical companies in the retail sector outside of Austria and will fulfil all the functions of an independent economic entity.

The contemplated transaction concerns the retail market of ptical products, services and eyewear.

Industry sector: G - Handel; Instandhaltung und Reparatur von Kraftfahrzeugen

Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 17.12.2021.

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 18.12.2021 .

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