Thursday, 21 January 2016 11:17

Decision 623/2016

Decision on the proposed acquisition of the company VEROPOULOI BROTHERS S.A. by METRO S.A., granting the latter sole control over the former's business activities in Greece.

 

Decision 623/2016
File (PDF) Decision 623/2016
Date of Publication of Decision January 21st, 2016
Issue Number of Government Bulletin  
Relevant Market Supermarkets
Proceedings Merger
Legal Framework Phase I (Article 8 par. 3 of the Greek Competition Act 3959/2011)
Decision Clearance
Acquiring Company METRO S.A.
Target Company  VEROPOULOI BROTHERS S.A.
Summary of Decision

The Hellenic Competition Commission in plenary session, unanimously cleared the concentration which concerns the acquisition of VEROPOULOI BROTHERS S.A. by METRO S.A.

The Commission decided that the concentration, which primarily concerns the supermarkets sector, does not give rise to any serious doubts as to its compatibility with merger control rules in the relevant market.

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