Hellenic Competition Commission

Friday, 22 May 2020 21:18

Press release: Clearance of the ADAMA AGRICULTURE/ ALFA AGRICULTURAL SUPPLIES concentration

Subject: Clearance by the Hellenic Competition Commission of the concentration concerning the acquisition of sole control by the company ADAMA AGRICULTURE B.V. over the company ALFA AGRICULTURAL SUPPLIES S.A.

On 22/5/2020, by its unanimous Decision No. 712/2020, the Plenary of the Hellenic Competition Commission, pursuant to Art. 8(6) of Greek Law 3959/2011, approved the proposed concentration, which was notified to it on 22/11/2019. The proposed concentration concerns the acquisition of sole control by the company ADAMA AGRICULTURE B.V. over the company ALFA AGRICULTURAL SUPPLIES S.A.  

Pursuant to the above decision, the Hellenic Competition Commission found that the proposed concentration, which concerns several markets in the agrochemical industry, including pesticides, seeds and fertilizers (concerning both the level of supply and the level of distribution), while falling within the scope of Art. 6(1) of Greek Law 3959/2011, and following an in-depth investigation pursuant to Art. 8(4) of the above law, does not raise any serious doubts as to its compatibility with the competition rules in the relevant markets involved.

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