Friday, 27 March 2020 13:17

Decision 706/2020

Decision on the proposed acquisition, pursuant to Article 6 par. 3(b) of the Greek Competition Act 3959/2011, of the company PERSEUS SPECIALTY FOOD PRODUCTS by the company ANDROMEDA SEAFOOD SOCIEDAD LIMITADA granting the latter sole control over the former.

Decision 706/2020
File (PDF) Decision 706/2020
Date of Publication of Decision March 27th, 2020
Issue Number of Government Bulletin 2606/Β/29.6.2020
Relevant Market Mediterranean farmed fish and fish feed
Proceedings Merger
Legal Framework Phase I (Article 8(3) of the Greek Competition Act 3959/2011)
Decision Clearance
Acquiring Company ANDROMEDA SEAFOOD SOCIEDAD LIMITADA
Target Company PERSEUS SPECIALTY FOOD PRODUCTS
Summary of Decision

The Chamber of the Hellenic Competition Commission unanimously cleared, pursuant to Article 8(3) of the Greek Competition Act 3959/2011, the proposed acquisition, for which notice was given to the Commission on 16/1/2020, granting the company ANDROMEDA SEAFOOD SOCIEDAD LIMITADA sole control over the company PERSEUS SPECIALTY FOOD PRODUCTS.

The Hellenic Competition Commission found that the proposed acquisition, which concerns the markets for the production and supply of Mediterranean farmed fish and fish feed, while falling within the scope of Article 6(1) of the Greek Competition Act 3959/2011, does not raise any serious doubts as to its compatibility with merger control rules in the relevant markets.

Judicial Means Final. Decision has not been appealed
Decisions by the Court of Appeal of Athens(Administrative Division) -
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