Friday, 16 April 2021 15:24

Press Release – Clearance of proposed acquisition by «DEPA COMMERCIAL S.A.» of joint control over the «NORTH SOLAR S.A.»

Subject: Clearance of proposed acquisition by «DEPA COMMERCIAL S.A.» of joint control over the «NORTH SOLAR S.A.»

The Hellenic Competition Commission (HCC) has cleared today, 16 April 2021, the acquisition of 49% of the capital stock of NORTH SOLAR S.A. by DEPA COMMERCIAL S.A. and, hence, the acquisition of joint control over the former by the latter.

Particularly, the HCC decided, according to article 8 par. 3 of L. 3959/11, that the notified transaction, which appertains to article 6, par. 1 of L. 3959/11, does not raise serious doubts as to its compatibility with merger control rules in the relevant markets concerned by the concentration.

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