MERGERS: AMO SR approved the merger of a joint venture SAT Spezialbau GmbH of the undertakings SAT Straßensanierung GmbH and OAT Beteiligungs GmbH

09.01.2017
On 9 December 2016 the Antimonopoly Office of the Slovak Republic, the Division of Concentrations, (hereafter “the Office”) approved the merger grounded in the establishment of the full-function joint venture SAT Spezialbau GmbH (hereafter “the joint venture”) of the undertakings SAT Straßensanierung GmbH seated at Alfred-Schütte-Allee 10, 50679 Cologne, the Federal Republic of Germany (hereafter “SAT“) and OAT Beteiligungs GmbH seated at Obere Hardt 13, 76467 Bietigheim, the Federal Republic of Germany (hereafter “OAT“).
 
SAT belongs to the economic group STRABAG which is in the territory of the Slovak Republic active through several companies that operate mostly in the fields of road construction, sewerage system and the construction of residential and non-residential buildings and also in the field of production of concrete and asphalt.

OAT belongs to the economic group of the company AT Beteiligungs GmbH & Co. KG which in the territory of the Slovak Republic is devoted to activities mostly in the fields of reconstruction and rehabilitation of bridges, providing of flexible bituminous expansion joints for bridge structures, sealing grout cracks on roads and other surfaces and in the field of sealing joints and cracks of concrete structures against water ingress.
 
The business of the joint venture will be cutting and sealing of joints of concrete and asphalt surfaces for heat and cold and high technology in this field. The joint venture will conduct its business exclusively in the territory of the Federal Republic of Germany.

On the basis of the notification, the Office found that in the case of the merger concerned are filled all the aspects of full-function joint venture, since the joint venture will perform all the functions of an autonomous economic subject.

After the evaluation of all the acquired documentation and information, the Office concluded that the assessed merger does not significantly impede effective competition in the relevant market, mainly as a result of creating or strengthening of a dominant position or as a result of the coordination of competitive behaviour.

The decision came into force on 13 December 2016.
Last update:09.01.2017