The German Bundeskartellamt cleared a merger in the retail market for DIY products and hardware goods subject to remedies including the divestiture of several shops (Globus/hela Profizentren)

The operation On 9 August 2007 Globus Fachmärkte GmbH & Co. KG (“Globus”) notified the Bundeskartellamt of the proposed acquisition of 100% of the shares of the following businesses from Distributa Gruppe: (1) G.V.M. Gewerbe- und Verbrauchermarkt GmbH, (2) Distributa Verbrauchermarkt GmbH & Co. KG, G.V.M., (3) G.V.M. Gewerbe- und Verbrauchermarkt GmbH & Co. KG., (4) Hela Fachmarkt Distributa Warenhandel GmbH & Co. KG and (5) Distributa Zentralverwaltung GmbH & Co. KG.. In addition, in a sixth transaction, it was proposed that Distributa Beteiligungsverwaltungs KG

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Jonas S. Brueckner, The German Bundeskartellamt cleared a merger in the retail market for DIY products and hardware goods subject to remedies including the divestiture of several shops (Globus/hela Profizentren), 5 December 2007, e-Competitions Bulletin December 2007, Art. N° 20783

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