Merger Notification - Announcement according to § 10 Cartel Act

ProduGi AcquiCo SA; Gilde Buy-Out Fund VI C.V.; Gilde Buy-Out Partners B.V.; MBK Fincom Holding SA - BWB/Z-5826 | Bundeswettbewerbsbehörde

ProduGi AcquiCo SA; Gilde Buy-Out Fund VI C.V.; Gilde Buy-Out Partners B.V.; MBK Fincom Holding SA

BWB/Z-5826

28.12.2021

On 27.12.2021 the Austrian Federal Competition Authority was notified of the following merger:

Planned purchase process

Gilde Buy-Out Fund VI C.V. and Gilde Buy-Out Fund VI 2 C.V., ultimately controlled by Gilde Buy-Out Partners B.V., intend to acquire through ProduGi AcquiCo SA, in a first step sole control and all shares and ultimately a shareholding of approx. 73.9% in MBK Fincom Holding SA, which is the holding company of MBK Fincom SA active in the B2C-online-retail of non-food consumer goods (such as outdoor and indoor furnishings, above ground pools, beach accessories, etc.).

Business sector concerned: Retail sale via mail order houses or via Internet.  

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

Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 24.01.2022.

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 25.01.2022 .

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