The Office of Competition and Consumer Protection received a request from Eurocash regarding intent to take over Arhelan. The Arhelan chain consists of about 100 stores, most of them are in eastern Poland.
According to the information available on the office’s website, UOKiK received the order on Monday. The focus is the Eurocash SA taking over its headquarters in Komorniki’s takeover of Arhelan Helena Burzyńska spółka komandytowa with its headquarters in Pelsk Podlaski. We read that “the acquisition of joint control will take place through the acquisition of a share in the capital of the acquired company.”
Eurocash is the parent company of the Eurocash Capital Group, whose activities focus on the wholesaling of everyday consumer goods through a network of wholesalers and wholesalers who are not specialized in the distribution of alcoholic beverages, tobacco products and impulse products.
The Eurocash Group is also active in the daily retail sale of consumer goods. The group includes networks such as Lewiatan, Groszek or abc.
Arhelan is a chain store that was founded in 1991 in Bielsk Podlaski. As we read on the company’s website, the network currently has 100 facilities employing more than 1,500 employees. Arhelan stores are located in 65 cities, notably in Podlaskie Voivodeship, but also in Warmisko-Mazurskie, Mazowieckie and Lubelskie.
The issue regarding planned focus is pending. It is not known when the UOKiK decision will be made.
In March, Eurocash Group announced that it had entered into an investment agreement under which it would receive 49%. Share in Arhelan.
“The deal is subject to fulfilling a number of conditions, in particular obtaining by Eurocash the approval of the Head of the Office of Competition and Consumer Protection to take over Arhelan” – he explained.
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