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Merger Notification - Announcement according to § 10 Cartel Act

Monarch Alternative Capital LP; PHM Netherlands Topco B.V. - BWB/Z-7491 | Bundeswettbewerbsbehörde

Monarch Alternative Capital LP; PHM Netherlands Topco B.V.

BWB/Z-7491

21.09.2026

On 18.09.2026 the Austrian Federal Competition Authority was notified of the following merger:

Planned purchase process

Entities and funds affiliated with Monarch Alternative Capital LP (USA) and entities and funds affiliated with GASC APF, L.P. (USA) intend to indirectly acquire joint control of the holding structure of the Loparex operating group (USA).

C - MANUFACTURING C 17 - Manufacture of paper and paper products, C 17.1 - Manufacture of pulp, paper and paperboard, C 17.12 - Manufacture of paper and paperboard, C 22 - Manufacture of rubber and plastic products, C 22.2 - Manufacture of plastic products, C 22.21 - Manufacture of plastic plates, sheets, tubes and profiles

Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on 16.10.2026.

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.

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