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Concentration approvals - three decisions

< previous | next > 21.08.2017

Concentration approvals - three decisions
  • UOKIK has adopted three decisions on concentration approval.
  • They pertain to undertakings which deal, among other things, with financial services, gas supply, steel distribution and manufacturing fodder for animals.
  • The undertakings have two years from the date of the decision to complete the transactions.

The first transaction is the takeover by Agrifirm Polska in Szamotuły of Przedsiębiorstwo Przemysłu Paszowego Bacutil in Bedlno Radzyńskie. The undertakings conduct business activity in the area of manufacturing fodder for animals, seeds, fertilisers and pesticides.

The second decision pertains to the purchase by Liberty House Group from Singapore of TSUK, being part of the assets of Tata Steel UK from the United Kingdom. The notifying party leads Liberty House group, which includes Liberty Commodities, being the supplier of products and services for the steel and metal industry, and Liberty Industries, a manufacturer and distributor of steel and steel products. TSUK is part of the European operation of Tata Steel, and is present on steel and steel product manufacturing and distribution markets, manufacturing them at plants in the UK.

The third decision pertains to the takeover by RPGZ I from Kraków of Duon Dystrybucja from Wysogotowo. RPGZ I is a subsidiary, indirectly fully owned by Prudential plc (“Prudential Group”), a group which provides financial services. Duon Dystrybucja is currently a company controlled by Fortum Markets Polska, which is owned by Fortum capital group. The main area of the operation of Duon Dystrybucja is supply of network and liquefied natural gas (LNG) in Poland.

According to the provisions of applicable laws, the merger is subject to notification to the antitrust authority if it involves undertakings whose aggregate turnover generated in the preceding year exceeded EUR 1 billion worldwide or EUR 50 million in Poland.

The decisions approving the concentration expire if the merger is not completed within 2 years of the adoption thereof. The website of the Competition Authority publishes information on all concentration-related anti-monopoly proceedings conducted by the Authority. More information about the principles governing mergers can be found in a dedicated paper.

Additional information for the media:

Press Office of the UOKiK
pl. Powstańców Warszawy 1, 00-950 Warszawa
Phone: 55 60 345
E-mail: [SCODE]Yml1cm9wcmFzb3dlQHVva2lrLmdvdi5wbA==[ECODE]

Twitter: @UOKiKgovPL

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