The Antimonopoly Office of the Slovak Republic approved concentration consisting in acquisition of exclusive direct control by the undertaking LPP spółka akcyjna over the enterprise of the undertaking KOBA, a.s.
The Antimonopoly Office of the Slovak Republic approved concentration consisting in acquisition of exclusive direct control by the undertaking LPP spółka akcyjna, established in ul. Łąkowa 39/44, Gdańsku, Poland over the part of the enterprise of the undertaking KOBA, a.s., established in Zvolenská cesta 13, 974 01 Banská Bystrica that consists of the assets relating to the retail sale of goods of brands RESERVED, Cropp Town and ESOTIQ, in retail sale establishments in the Slovak Republic.
The main business activities of both companies are focused on the production and/or sales of women's, men's and children's fashion clothing.
According to the notification of concentration LPP operates in the field of distribution and manufacturing of women's, men's and children's fashion clothing of brands Reserved, Cropptown, House, Mohito, Sinsay (hereinafter referred to as "designer clothing LPP") and through its subsidiaries, also operates in the retail sales of brand clothing in several states. In the Slovak Republic KOBA operates through the company ARTMAN Slovakia, s.r.o.. From the notification of concentration it also follows that in the Slovak Republic, LPP is the exclusive supplier of designer clothing LLP of brands Reserved and Cropptown for KOBA.
According to the notification of concentration KOBA operates solely in the Slovak Republic, where it is the exclusive retailer of women's, men's and children's fashion apparel of brands Cropptown and Reserved. The company KOBA also sells products of the brand ESOTIQ, focused on women´s underwear.
After evaluating all of the documents and information gathered, the Office concluded that the concentration at case would not significantly impede effective competition in the relevant market, in particular through the creation or strengthening of a dominant position, therefore the Office approved the concentration.
The decision is not valid yet.