Eurocash : acquisition of Mila enters second phase of UOKiK proceeding
November 16, 2017 at 11:52 am EST
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Eurocash's acquisition of Mila enters second phase of UOKiK proceeding
2017-11-16
16 November 2017
Office of Competition and Consumer Protection (UOKiK) moves proceeding regarding acquisition of Mila supermarkets to second phase.
This ruling by the Office of Competition and Consumer Protection is in line with Eurocash Group's expectations and is a standard action in this type of case.
The ruling calls for an analysis of the local FMCG retail markets in over a dozen towns where Mila stores and Eurocash Group-affiliated stores (Delikatesy Centrum and/or Eko) are both present. Moving the proceeding to its second phase gives the Office of Competition and Consumer Protection additional time to conduct essential market research ahead of its decision.
The agreement of taking over 100% of Mila, owner of a network of 188 supermarkets located mainly in central Poland, was signed in mid-September this year.
Purchase of Mila is part of the strategy of building by Eurocash Group a nationwide supermarket chain based both on cooperation with franchise partners and running own stores in order to support chain development in new regions of the country. The strategic goal of the Eurocash Group is to consistently improve the competitiveness of Polish independent retail stores, which are the Group's main customers.
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Eurocash Group is the largest Polish company dealing with wholesale distribution of food products, household chemicals, alcohol and tobacco (FMCG). Through a number of distribution formats, it focuses on the wholesale distribution of FMCG products to traditional retail outlets throughout Poland. As part of the Eurocash Group's franchise and partner network, nearly 15,000 independent retail stores are concentrated.
Eurocash SA published this content on 16 November 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 16 November 2017 16:51:05 UTC.
Original documenthttp://eurocash.pl/eng/news-media/press-releases/eurocash-s-acquisition-of-mila-enters-second-phase-of-uokik-proceeding.html
Public permalinkhttp://www.publicnow.com/view/F47849C20A3AAC70EBEC8255FBA4466698ABA921
Eurocash SA is a Poland-based company engaged in the industry of wholesale and retail distribution of food and distribution of fast moving consumer goods (FMCG). It operates through four segments: Wholesale, Retail, Projects and Others. The Wholesale segment is divided into Eurocash Distribution, including distribution and supporting franchise activities; Cash&Carry, which operates a national network of warehouses; Tobacco & Impulse, which distributes tobacco products, Alcohol Distribution, Eurocash Food Service and Other. The Retail segment operates the retails activities of Eurocahs group and the wholesale of Delikatesy Centrum franchisees. It also includes other retail operations under EKO, Mila and Inmedio brand names. The Project segment is dedicated to run the projects of the Eurocash Group. It cooperates with different partners including abc, Groszek, Delikatesy Centrum, Lewiatan, Euro Sklep or Gama.
EUROCASH S.A. 
