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Monday, 29 November 2021

Press Release - Clearance of the proposed acquisition by TEMES and AUTOHELLAS of joint control over SPORTSLAND

Subject: Clearance of the proposed acquisition by TEMES and AUTOHELLAS of joint control over SPORTSLAND

By its unanimous Decision No. 753/2021, the Chamber of the Hellenic Competition Commission (HCC) unanimously approved, under Greek merger control rules, the proposed acquisition of joint control of SPORTSLAND SPORTS FACILITIES -TOURISM AND HOTEL BUSINESS SA by TOURISTIKES EPIHEIRISEIS MESSINIAS SA (TEMES) andAUTOHELLAS TOURIST AND TRADING SOCIETE ANONYME. 

According to the decision, the notified transaction does not raise serious doubts as to its compatibility with merger control rules in the relevant markets concerned by the concentration.