The Chamber of the Hellenic Competition Commission unanimously cleared, pursuant to Article 8(3) of the Greek Competition Act 3959/2011, the proposed transaction, for which notice was given to the Commission on 13/1/2020, which concerns the acquisition of 99% of the shares in D MARINAS HELLAS SA by VENILIA INVESTMENTS S.A.R.L. and, consequently, the acquisition of sole control by the latter over the former.

The Hellenic Competition Commission found that the proposed acquisition, which concerns the market for the provision of port services by marinas, while falling within the scope of Article 6(1) of the Greek Competition Act 3959/2011, does not raise any serious doubts as to its compatibility with merger control rules in the relevant market.