Tue. Jul 16th, 2024

The European Commission has approved, under the EU Merger Regulation, the acquisition of joint control of Supratuc2020, S.L. of Spain by EP Corporate Group, a.s. (‘EPCG’), J&T CAPITAL PARTNERS, a.s. (‘JTCP’) both of Czechia and Eroski, S. Coop (‘Eroski’) of Spain.

Supratuc2020 is a Spanish holding company of two regional retailers of daily consumer goods (Caprabo and Cecosa). EPCG is an investment holding company, active mainly in energy, infrastructure and media. JTCP is a holding company, currently active mainly in energy and e-commerce sector. Eroski is a distribution company, a consumer organisation and a cooperative project. It is the parent company of the EROSKI Group, a retail distribution cooperative for daily consumer goods and services in Spain.

The Commission concluded that the proposed acquisition would raise no competition concerns, given the limited overlaps and lack of vertical links between the companies’ activities in the relevant markets in Spain. The transaction was examined under the simplified merger review procedure.

More information is available on the Commission’s competition website, in the public case register under the case number M.10884.

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