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Acerinox/Haynes Merger Withdrawal Amid Competition Concerns

03.06.2024 | 🇦🇹 Austrian competition authority

Acerinox withdraws merger filing with BWB following competition concerns, prompting BWB and Bundeskartellanwalt to retract their examination requests.


Acerinox and Haynes filed for a merger with the BWB on 20.03.2024, but the deadline for review was extended to 02.05.2024 at the request of the applicant.

Due to competition concerns, the BWB requested an in-depth examination by the Cartel Court on 30.04.2024. Acerinox later informed the BWB on 31.05.2024 that they had withdrawn the merger filing, leading to the withdrawal of examination requests by the authorities.

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