Wednesday, 07 September 2016 11:02

Decision 629/2016

Decision on the proposed acquisition of 100% of the shares in DELTA CHEMICALS S.A. by RAVAGO DISTRIBUTION S.A., granting the latter sole control over the former. 

 

 

Decision 629/2016
File (PDF) Decision 629/2016
Date of Publication of Decision September 7th, 2016
Issue Number of Government Bulletin  
Relevant Market Chemical and Plastic Products
Proceedings Merger
Legal Framework Phase I (Article 8 par. 3 of the Greek Competition Act 3959/2011)
Decision Clearance
Acquiring Company RAVAGO DISTRIBUTION S.A.
Target Company DELTA CHEMICALS S.A.
Summary of Decision

The Chamber of the Hellenic Competition Commission unanimously cleared, pursuant to Article 8(3) of the Greek Competition Act 3959/2011, the concentration which concerns the acquisition of sole control over DELTA CHEMICALS S.A. by RAVAGO DISTRIBUTION S.A.

The Commission decided that the concentration, which concerns the sector for the production of chemical and plastic products (including expanded polystyrene), does not raise any serious doubts as to its compatibility with merger control rules in the relevant markets.

Judicial Means Final. Decision has not been appealed
Decisions by the Court of Appeal of Athens (Administrative Division) -
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