| Decision 649/2019 | |
|---|---|
| File (PDF) | Decision 649/2017 |
| Date of Publication of Decision | July 13th, 2017 |
| Issue Number of Government Bulletin | |
| Relevant Market | Fresh Vegetables |
| Proceedings | Merger |
| Legal Framework | Phase I (Article 8 par. 3 of the Greek Competition Act 3959/2011) |
| Decision | Clearance |
| Acquiring Companies | THRAKI GREENHOUSES S.A. and ELASTRON S.A. |
| Target Company | THRAKI GREENHOUSES S.A. |
| Summary of Decision |
The Hellenic Competition Commission, in plenary session, unanimously cleared, pursuant to Article 8(3) of the Greek Competition Act 3959/2011, the concentration which concerns the acquisition of joint control over the company THRAKI GREENHOUSES S.A. by THRAKI PLASTICS S.A. and ELASTRON S.A., on the back of the latter having been absorbed by THRAKI GREENHOUSES S.A. in a merger. The Commission decided that the above concentration, which primarily concerns the sector for the wholesale production and distribution of fresh vegetables, and in particular tomatoes and cucumbers grown in greenhouses, 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) | - |
