The Spanish Competition Authority cleared a merger with divestment remedies in the retail distribution sector; in phase II, the Council of Ministries upheld and extended the remedies (Pío Coronado / Cemetro)

The operation The merger involved the acquisition of 100% of Cemetro's shares by Pío Coronado. Pío Coronado was a large retail distributor in the Canary Islands, with 107 stores comprising hypermarkets (6), supermarkets (81) and smaller stores located on beachfronts (20). Pío Coronado was also active in the wholesale distribution sector, through 21 cash & carry stores in the Canary Islands. Pío Coronado was a subsidiary of the Dutch Ahold group. Cemetro was a retail and wholesale distributor

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Daniel Domínguez Muñoz, The Spanish Competition Authority cleared a merger with divestment remedies in the retail distribution sector; in phase II, the Council of Ministries upheld and extended the remedies (Pío Coronado / Cemetro), 27 April 2001, e-Competitions April 2001, Art. N° 25160

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