Merger Notification - Announcement according to § 10 Cartel Act

Capvis Equity V L.P.; Schurter Holding AG - BWB/Z-6178 | Bundeswettbewerbsbehörde

Capvis Equity V L.P.; Schurter Holding AG

BWB/Z-6178

16.01.2023

On 16.01.2023 the Austrian Federal Competition Authority was notified of the following merger:

Planned purchase process

Capvis V (Jersey, Channel Islands) intends to acquire indirectly all of the shares in and sole control over Schurter Holding AG (Switzerland) including its subsidiaries and shareholdings, 
from the members of the Schurter family.
The transaction concerns electronic and electromagnetic products and solutions.  
Business sector concerned: Manufacture of electronic components.

Industry sector: C - Verarbeitendes Gewerbe/Herstellung von Waren

Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 13.02.2023.

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 14.02.2023 .

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