Thursday, 17 October 2019

Decision 692/2019

Decision on the proposed acquisition of HAITOGLOU-HARTEL S.A. by MEDITERRANEAN PAPER SINGLE-MEMBER S.A.

Decision 692/2019
File (PDF) Decision 692/2019
Date of Publication of Decision October 17th, 2019
Issue Number of Government Bulletin 157/Β/29.1.2020
Relevant Market Paper, corrugated cardboard, cardboard boxes
Proceedings Merger
Legal Framework Phase I (Article 8(3) of the Greek Competition Act 3959/2011)
Decision Clearance
Acquiring Company  MEDITERRANEAN PAPER SINGLE-MEMBER S.A.
Target Company HAITOGLOU-HARTEL S.A.
Summary of Decision The Chamber of the Hellenic Competition Commission in an open vote, unanimously cleared, pursuant to Article 8(3) of the Greek Competition Act 3959/2011, the acquisition of sole control over the assets and liabilities of HAITOGLOU-HARTEL S.A. by MEDITERRANEAN PAPER SINGLE-MEMBER S.A., in accordance with the agreement signed on 29/07/2019 (pursuant to Greek Law 3588/2007), since the acquisition does not raise any doubts as to its compatibility with merger control rules in the relevant markets, even though it falls within the scope of Article 6(1) of the Greek Competition Act 3959/2011.
Judicial Means Final. Decision has not been appealed
Decisions by the Court of Appeal of Athens (Administrative Division) -
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