Thursday, 03 August 2023 14:57

Decision 826/2023

Clearance decision on the notified concentration, pursuant to articles 5-10 of Law 3959/2011, concerning the acquisition by “MYTILINEOS S.A.” of sole control over “UNISON FACILITY SERVICES S.A.”

Decision 826/2023

File (PDF) Decision 826/2023
Date of Issuance of Decision August 3rd, 2023
Issue Number of Government Gazette 4668/Β/9.8.2024
Relevant Market

1. the facility management market

2. the market for the provision of temporary employment

3. the job-finding service market

Subject of the Decision

Clearance decision on the notified concentration, pursuant to articles 5-10 of Law 3959/2011, concerning the acquisition by “MYTILINEOS S.A.” of sole control over “UNISON FACILITY SERVICES S.A.”, following the relevant Statement of Objections by the Commissioner-Rapporteur Pantelis Borovas.

Legal Framework

Articles 5-10 of Law 3959/2011.

Operative part of the Decision

The Hellenic Competition Commission (HCC), in Chamber sitting, unanimously approved, pursuant to Article 8 (3) of Greek Law 3959/2011, the notified concentration under ref. no. 5099/23.06.2023 concerning the acquisition by “MYTILINEOS S.A.” of sole control over “UNISON FACILITY SERVICES S.A.” as, albeit falling within the scope of Article 6 (1) of Law 3959/2011, it does not raise serious concerns as to its compatibility with competition rules in the individual markets concerned thereby.

Company(ies) concerned
  1. “MYTILINEOS S.A.”
  2. “UNISON FACILITY SERVICES S.A.”
Summary of Decision

The above transaction does not lead to horizontal overlaps as the acquirer and the companies controlled thereby are not active in the markets where the target company and its subsidiaries in Greece operate. Furthermore, this transaction does not bring about any vertical effects as the activities of one party to the transaction are not carried out in a market which is upstream or downstream from that of the other party to the transaction. The HCC, by its decision, concluded that the concentration is not expected to bring about any change in the relevant markets concerned.

Judicial Means -
Decisions by the Court of Appeal of Athens (Administrative Division) -

Contact

Kotsika 1A & Patision
10434, Athens, Greece
210 8809100
contact(@)epant.gr

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