Merger Notification - Announcement according to § 10 Cartel Act
IFS Americas, Inc.; Marathon Acquisition, lnc.
the following merger was notified at the Federal Competition Authority:
IFS Americas, lnc. (Itasca, USA) intends to indirectly acquire sole control over Marathon Acquisition, lnc. (Neptune, USA) and its subsidiaries, including WorkWave LLC. The intended concentration concerns intuitive cloud-based Field Service Management Solutions, Fleet Management Solutions and Marketing Solutions.
Other service activities
Deadline for bringing in an application pursuant to § 11(1) Cartel Act will end on
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.
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
Non-prohibition of the merger with remedies - Announcement pursuant to § 15 Cartel Act
The decision is legally binding.