Monday, 05 December 2016 08:38

Decision 634/2016

Decision on the proposed acquisition of 100% of the shares in PENTAPLAST S.A. by the company RAVAGO DISTRIBUTION S.A.

Decision 634/2016
File (PDF) Decision 634/2016
Date of Publication of Decision December 5th, 2016
Issue Number of Government Bulletin  
Relevant Market Plastic
Proceedings Merger
Legal Framework Phase I (Article 8(3) of the Greek Competition Act 3959/2011)
Decision Clearance
Acquiring Company RAVAGO S.A.
Target Company PENTAPLAST S.A.
Summary of Decision  The Hellenic Competition Commission, pursuant to Art. 8(3) of Greek Law 3959/2011, approved the proposed concentration, which concerns the acquisition of 100% of the shares in PENTAPLAST S.A. by the company RAVAGO DISTRIBUTION S.A.

The Commission found that the concentration, which concerns the market for the distribution / marketing of plastic products, does not raise any serious doubts as to its compatibility with the competition rules in the relevant markets involved.

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