MERGERS: AMO approved the merger of the undertaking Sandberg Capital, správ. spol., a.s. and a part of the undertaking Diligentia R.C., s.r.o.

21.10.2016
On 10 October 2016 the Antimonopoly Office of the Slovak Republic, the Division of Concentrations (hereafter “the Office“), approved the merger grounded in the acquisition of indirect exclusive control of the undertaking Sandberg Capital, správ. spol., a.s., seated at Dvořákovo nábrežie 8, 811 02 Bratislava, IČO: 47 255 277 (hereafter “Sandberg Capital“) over the part of the undertaking Diligentia R.C., s.r.o., seated at Ivánska cesta 12, 821 04 Bratislava, IČO: 46 008 616 (hereafter “Diligentia RC“).
 
The undertaking Sandberg Capital is a management company and through the companies belonging to its economic group operates in the area of information systems, energy, plant primary agricultural production, livestock primary agricultural production, in the area of primary production of milk and the retail sales of food and non-food goods.
  
The acquired part of the undertaking Diligentia RC is active in the area of retail sales of food and non-food goods. The subject of the sale of the undertaking Diligentia RC are two premises of retail stores of TERNO.
 
After the evaluation of submitted materials and information, the Office concluded that the assessed merger does not infringe effective competition in the relevant market, mainly as a result of creation or strengthening of dominant position.
 
Decision came into force on 11 October 2016.
 
Last update:26.10.2016