Merger Notification - Announcement according to § 10 Cartel Act
Hilti (Shanghai) Ltd.; Panasonic Power Tools (Shanghai) Co., Ltd.
BWB/Z-7363
On 12.06.2026 the Austrian Federal Competition Authority was notified of the following merger:
Planned purchase process
Hilti (Shanghai) Ltd, Shanghai, China, intends to acquire certain production lines, equipment and related assets from Panasonic Power Tools (Shanghai) Co., Ltd., a joint venture of Hilti Asia Ltd. (49%) and Panasonic Holdings Corporation (51%).
ÖNACE Code: Manufacture of power-driven hand tools.
C - MANUFACTURING C 28 - Manufacture of machinery and equipment n.e.c., C 28.2 - Manufacture of other general-purpose machinery, C 28.24 - Manufacture of power-driven hand tools
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 10.07.2026.
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 11.07.2026 .