| Decision 634/2016 | |
|---|---|
| File (PDF) | Decision 634/2016 |
| Date of Publication of Decision | December 5th, 2016 |
| Issue Number of Government Bulletin | |
| Relevant Market | Plastic |
| Proceedings | Merger |
| Legal Framework | Phase I (Article 8(3) of the Greek Competition Act 3959/2011) |
| Decision | Clearance |
| Acquiring Company | RAVAGO S.A. |
| Target Company | PENTAPLAST S.A. |
| Summary of Decision | The Hellenic Competition Commission, pursuant to Art. 8(3) of Greek Law 3959/2011, approved the proposed concentration, which concerns the acquisition of 100% of the shares in PENTAPLAST S.A. by the company RAVAGO DISTRIBUTION S.A.
The Commission found that the concentration, which concerns the market for the distribution / marketing of plastic products, does not raise any 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) | - |
