CONCENTRATION PERMITTED FOR COMPANIES RELATED TO THE SALE AND PROCESSING OF WOOD
The Competition Council has granted permission to IKEA Forestry Investment to acquire 100% of the shares of Dasos LT Investment I and Kurzeme Timberland and, indirectly through the latter companies, 100% of the shares of Zemgale Timberland , Dasos LT Investment II and Euroforest 2 and to take sole control of these companies.
PERMISSION GRANTED TO ICE CREAM MANUFACTURERS TO COMPLETE A TRANSACTION
The Competition Council has allowed the ice cream manufacturer Froneri International Limited to acquire 100 % of the shares of Food Union Luxembourg Group and to obtain its sole control.
ESTONIAN COMPANIES WILL BE ABLE TO CARRY OUT THE TRANSACTION
The Competition Council has allowed Inbank Holdings to acquire 33.43% of Mobire Group shares and take sole control of the company. Prior to this transaction, Inbank Holdings had joint control of Mobire Group together with other shareholders.
EMSI VIOLATED THE LAW ON COMPETITION BY EXPANDING ITS NETWORK OF PETROL STATIONS WITHOUT PERMISSION OF THE COMPETITION COUNCIL
The Competition Council found that the petrol station network operator Emsi took control of four petrol stations without the institution’s authorisation. The company has been ordered to bring the infringement of the Law on Competition to an end and has been fined a total of EUR 1,022,170.
CGATES RECEIVES PERMISSION TO ACQUIRE PART OF SPLIUS BUSINESS
The Competition Council has granted permission to Cgates , a company providing fixed Internet access, pay-TV, and telephony services in Lithuania, to acquire sole control of a newly established company to which parts of SPLIUS 's business – providing similar services – will be transferred.
APPROVAL GRANTED FOR CONCENTRATION IN THE FIELD OF INFORMATION TECHNOLOGY
The Norwegian investment company Hawk Infinity will be able to indirectly acquire 94.74% of the shares in the company WhiteBit through a special purpose entity, SaaS Holding , and take sole control of WhiteBit . The Competition Council has granted permission for this transaction.
APPROVAL GRANTED FOR TRANSACTION IN THE COMMERCIAL AIRCRAFT MAINTENANCE SECTOR
The Competition Council has approved the acquisition by Willis Mitsui & Co Engine Support Limited of 100% of the shares in Bridgend Asset Management Limited and the takeover of sole control of the company. As part of the transaction, the Japanese company Mitsui & Co. Ltd . has also been authorised to enter into agreements with Willis...
SAFEROAD BALTIC WILL BE ABLE TO IMPLEMENT THE MERGER FOLLOWING COMMITMENTS
The Competition Council has cleared the acquisition by Saferoad Baltic of Gatas . The clearance was granted following commitments by Saferoad Baltic to preserve effective competition in the markets for the supply of road barrier systems and their installation and maintenance.
MM GRUPP MAY HAVE VIOLATED THE LAW BY TAKING CONTROL OF FORUM CINEMAS AND ITS CINEMAS WITHOUT THE APPROVAL OF THE COMPETITION COUNCIL
The Competition Council has completed its investigation into the implementation of an unnotified merger and has sent a notification of a possible infringement of the Law on Competition to the Estonian company MM Grupp .
ENEFIT MAY HAVE INFRINGED THE LAW BY TAKING OVER CONTRACTS OF EGTO ENERGIJA CUSTOMERS WITHOUT THE APPROVAL OF THE COMPETITION COUNCIL
The Competition Council has completed its investigation into the implementation of an unnotified concentration and sent a Statement of Objections (SO) to Enefit , an electricity supplier, for a possible infringement of the Law on Competition.
INTERIM MEASURES ON THE ESTONIAN COMPANY OPERATING A CINEMA CHAIN EXTENDED FOR ONE YEAR
The Competition Council has decided to extend the interim measures imposed on the Estonian company MM Grupp , which include an obligation to manage all the assets and business of Forum Cinemas , which was allegedly taken over without the Authority's approval, in a way that does not harm its economic viability, saleability or competitiveness,...
THE MERGER IS CLEARED IN THE MARKET OF BEVERAGES PRODUCTION
The Competition Council has allowed the Netherlands company CC Beverages Holdings II B.V. to acquire 100 percent of the shares of the Finnish company Brown-Forman Finland and to acquire the sole control over it.