Merger Notification - Announcement according to § 10 Cartel Act
AutoFrey GmbH; Knöbl GmbH
On 01.09.2022 the following merger was notified at the Federal Competition Authority:
Planned purchase process
AutoFrey GmbH (Salzburg, Austria), a 100% subsidiary of Pappas Holding GmbH (Salzburg, Austria), a company ultimately controlled by Mrs Consul General Catharina Pappas, intends to acquire 100% of the shares in and thus sole control of Knöbl GmbH (Steyr, Austria). The notified concentration relates to the sale of cars, car maintenance and repair services as well as the sale of motor vehicle parts.
Economic sectors: sale of motor vehicles; maintenance and repair of motor vehicles; sale of motor vehicle parts and accessories.
Industry sector: G - Handel; Instandhaltung und Reparatur von Kraftfahrzeugen
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 29.09.2022.
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 30.09.2022 .