Monday, 20 May 2019 17:55

Decision 686/2019

Decision on the proposed acquisition of 85.81% of the shares in ELTREKKA S.A. by AUTOHELLAS S.A., shifting ownership of the company from joint to sole.

Decision 686/2019
File (PDF) Decision 686/2019
Date of Publication of Decision May 20th, 2019
Issue Number of Government Bulletin 4257/Β'/20.11.2019
Relevant Market Importation and distribution of standard quality spare parts for vehicles
Proceedings Merger
Legal Framework Phase I (Article 8(3) of the Greek Competition Act 3959/2011)
Decision Clearance
Acquiring Company AUTOHELLAS TOURIST AND TRADING SOCIETE ANONYME
Target Company ELTREKKA S.A.
Summary of Decision The Chamber of the Hellenic Competition Commission in an open vote, unanimously cleared, pursuant to Article 8(3) of the Greek Competition Act 3959/2011, the concentration which concerns the transition of the ownership of ELTREKKA S.A. from joint to sole, through the acquisition of 85.81% of its shares by AUTOHELLAS S.A., since the transaction does not raise any doubts as to its compatibility with merger control rules in the relevant markets, even though it falls within the scope of Article 6(1) of the Greek Competition Act 3959/2011.
Judicial Means Final. Decision has not been appealed
Decisions by the Court of Appeal of Athens (Administrative Division) -
Μοιραστείτε το / Share it

Address

Kotsika 1A & Patision
10434
Athens, Greece

Contact us

210 8809100
contact@epant.gr

Copyright

Copyright © 2021 Hellenic Competition Commission. All Rights Reserved.

Θέλετε να ενημερώνεστε; Want to be updated?

Aκολουθήστε μας στα κοινωνικά δίκτυα!
Follow us on Social Media!