Tuesday, 21 April 2020 13:17

Decision 710/2020

Decision on the concentration, which concerns the acquisition of sole control by the company BELLA BULGARIA A.D. through its subsidiary IMPALA HELLAS S.A., over parts of the assets and liabilities of the company CRETA FARMS S.A., including its 100% subsidiary ΤΕΤΟ-FARM S.A. in Greece.

Decision 710/2020
File (PDF) Decision 710/2020
Date of Publication of Decision April 21st, 2020
Issue Number of Government Bulletin Β΄/3886/14.9.2020
Relevant Market

-Processed meat for cold consumption (market of cold cuts).

-Quick meat meals.

Proceedings

Decision on the proposed concentration which was notified to the Commission on 25.02.2020 (ref. number 1618), pursuant to Article 6 par. 1-3 of the Greek Competition Act 3959/2011, which concerns the acquisition of sole control by the company BELLA BULGARIA A.D., which is established and operates in accordance with the laws of the Bulgarian Republic, through its subsidiary IMPALA HELLAS S.A., over parts of the assets and liabilities of the company CRETA FARMS S.A. and its subsidiary ΤΕΤΟ-FARM S.A.in Greece.

Legal Framework Article 6 par. 1-3 of the Greek Competition Act 3959/2011
Decision Clearance
Acquiring Company BELLA BULGARIA A.D. through its subsidiary IMPALA HELLAS S.A.
Target Company

CRETA FARMS S.A. and ΤΕΤΟ-FARM S.A.

Summary of Decision

Taking into account the results of the investigation in relation to the structure of the markets concerned by the concentration, and the views of the parties’ competitors on these markets, the Competition Commission pursuant to article 8 par. 3 of N 3959/2011, considers that this concentration, although it falls within the scope of par. 1 of article 6 of Law 3959/2011, does not cause serious doubts as to its compatibility with the competition rules in the relevant markets involved.

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