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Steel takover
2008-04-15
Marek Niechciał, President of the OCCP, cleared a takeover of the Sambud Group by Arcelor Distribution. The enterprises operate in the steel industry
According to the decision issued by the President of the Office, Arcelor Distribution can take over the Sambud Group, which deals in the wholesale and retail sale of steel products via a chain of a dozen of warehouses located all over Poland. The group deals exclusively in carbon steel products.
After conducting an antimonopoly proceeding the President of the OCCP decided that the consolidation will not lessen competition and in particular it will not lead to the creation or strengthening of a dominant position on the market.
According to the Act on competition and consumer protection, a transaction should be notified to the Polish competition authority if it involves enterprises whose aggregate world-wide turnover exceeded EUR 1 billion or whose turnover in Poland exceeded EUR 50 million in the preceding year.
Additional information:
Małgorzata Cieloch, Spokesperson for the OCCP
Pl. Powstańców Warszawy 1, 00-950 Warszawa
Tel. (+48 22) 827 28 92, 55 60 106, 55 60 430
Fax (+48 22) 826 11 86
E-mail
According to the decision issued by the President of the Office, Arcelor Distribution can take over the Sambud Group, which deals in the wholesale and retail sale of steel products via a chain of a dozen of warehouses located all over Poland. The group deals exclusively in carbon steel products.
After conducting an antimonopoly proceeding the President of the OCCP decided that the consolidation will not lessen competition and in particular it will not lead to the creation or strengthening of a dominant position on the market.
According to the Act on competition and consumer protection, a transaction should be notified to the Polish competition authority if it involves enterprises whose aggregate world-wide turnover exceeded EUR 1 billion or whose turnover in Poland exceeded EUR 50 million in the preceding year.
Additional information:
Małgorzata Cieloch, Spokesperson for the OCCP
Pl. Powstańców Warszawy 1, 00-950 Warszawa
Tel. (+48 22) 827 28 92, 55 60 106, 55 60 430
Fax (+48 22) 826 11 86