Wednesday, 27 November 2013 00:00

Decision 582/2013

Decision on the prior notification of a concentration, pursuant to Article 6 par.1 of L. 3959/2011,  regarding the merger of companies “I. & S. Sklavenitis S.A.” and “Extra Prota & Fthina S.A.” with the signature from the first as a lessee of  nine (9) renting/lease agreements on real estate in which the second operates stores, the acquisition from the first of the assets of the second and the payment of compensation for the intangible commercial value created by the second.

Decision 582/2013
File (PDF) Decision 582/2013
Date of Issuance of Decision

November  27th, 2013

Issue Number of Government Bulletin
Relevant Market

Supermarket items

Subject of the Decision

Merger

Legal Framework

Phase I (Article 8 par. 3 of  L. 3959/2011)

Operative part of the Decision

Clearance 

Acquiring company(ies)

I. & S. Sklavenitis S.A

Target company(ies)

Extra Prota & Fthina S.A.

Summary of Decision

The competent Chamber of the Hellenic Competition Commission , under its no. 582/VII/2013 unanimous decision, approved, pursuant to article 8 par.3 of L. 3959/2011, the notified concentration resulting from the transfer to “I. & S. Sklavenitis S.A.” of part of the corporate activity of the company “Extra Prota & Fthina S.A.”, (through the signature by the first, as a lessee, of nine renting/lease agreements on real estate in which the second operates stores, the acquisition by the first of the assets of the second, as well as the payment by the first of the compensation for the intangible commercial value created by the second).

Judicial Means  Final. No appeal.
Decisions by the Court of Appeal of Athens (Administrative Division) -
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