Clearance decision on the notified concentration, pursuant to articles 5-10 of Law 3959/2011, concerning the acquisition by the company under the name "LAFARGE BETON S.A." of sole control over the company “LARSINOS S.A.”, within the meaning of Article 5 (2) (b) of Law 3959/2011, following the Statement of Objections under ref. no 3473/03.05.2023 by the Commissioner-Rapporteur Anna Gatziou.

Articles 5-10 of Law 3959/2011.

Operative part of the Decision

The Hellenic Competition Commission (HCC), in Plenary sitting, unanimously approved the notified concentration concerning the acquisition by the company under the name "LAFARGE BETON S.A." of sole control over the company “LARSINOS S.A.” as, albeit falling within the scope of paragraph 1 of Article 6 of Law 3959/2011, it does not raise serious concerns as to its compatibility with competition rules in the individual markets concerned thereby.

1. "LAFARGE BETON S.A."
2. “LARSINOS S.A.”

According to the Decision, the concentration under consideration is not expected to bring about any changes in the structure of the relevant markets concerned as competition conditions will not change either horizontally or vertically. Therefore, the above transaction will not affect the level of competition or restrict competition in these markets.