Merger Notification - Announcement according to § 10 Cartel Act

Ariston Holding N.V.; Centrotec Climate Systems GmbH - BWB/Z-6093 | Bundeswettbewerbsbehörde

Ariston Holding N.V.; Centrotec Climate Systems GmbH

BWB/Z-6093

29.09.2022

On 29.09.2022 the following merger was notified at the Federal Competition Authority:

Planned purchase process

Ariston Holding N.V., which via its group companies provides solutions for space heating and cooling, water heating, burners and heating components for appliances and industrial applications, intends to acquire 100% of the shares in and sole control over Centrotec Climate Systems GmbH, a German-based holding company of a group of companies which offer heating, ventilation and air conditioning solutions. 

Industry sector: C - Verarbeitendes Gewerbe/Herstellung von Waren

Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 27.10.2022.

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 28.10.2022 .

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