By its Decision no. 875/2025, adopted on the 27th of February 2025, the Hellenic Competition Commission, in Chamber sitting, unanimously approved the proposed concentration concerning the acquisition of sole control by the company under the name “Ideal Holdings SA” over the company under the name “Barba Stathis SA” as well as over the latter’s subsidiaries, namely “Halvatzis Makedoniki SA” and “Uncle Statis EOOD”, within the meaning of Articles 5 (2) (b), 6 (1) and 8 (3) of Law 3959/2011.

The concentration concerns the wider markets of food and especially the frozen foods sector, plant-based meals and ready-made salads (vegetable and bean salads, fruit salads etc). The geographical market of the concentration concerns the entire Greek territory.

There are no affected markets at a horizontal and/or vertical level in the concentration considered, as the relevant criteria are not cumulatively met in any relevant market: a) activity of at least two (2) of the parties to the concentration and a combined market share of at least 15% (regarding the horizontally affected markets) or b) activity of at least one of the parties to the concentration and a combined market share of at least 25% (regarding the vertically affected markets).

In light of the above, the Hellenic Competition Commission, in Chamber sitting, unanimously approves the notified concentration pursuant to Article 8(3) of Law 3959/2011 concerning the acquisition of sole control by the company under the name “Ideal Holdings SA” over the company under the name “BARBA STATHIS SA” as well as over the latter’s subsidiaries, as, although falling within the scope of Article 6 (1) of the Greek Competition Act, it does not raise serious concerns as to its compatibility with competition rules in the markets concerned.