Merger Notification - Announcement according to § 10 Cartel Act

illwerke vkw AG; Rene Haag GmbH - BWB/Z-6185 | Bundeswettbewerbsbehörde

illwerke vkw AG; Rene Haag GmbH

BWB/Z-6185

25.01.2023

On 24.01.2023 the Austrian Federal Competition Authority was notified of the following merger:

Planned purchase process

Acquisition of 50% of the shares in Rene Haag GmbH, Austria, by illwerke vkw AG, Austria. 

Economic Sector:  Plumbing, heat and air-conditioning installation 

Industry sector: F - Baugewerbe/Bau

Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 21.02.2023.

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 22.02.2023 .

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