The Czech Competition Office cleared in phase II a merger in the bijouterie sector subject to remedies, including assumption of older commitments and maintaining supply conditions (Bijouterie Trading / Swarovski / Ornela / BÈM)

The operation Bijouterie Trading Company, akciová spoleènost ("BTC") and Swarovski Bohemia spol. s r.o. ("Swarovski Bohemia") acquired a joint control over ORNELA, akciová spoleènost ("ORNELA"), including its subsidiaries (such as Bižuterie Èeská Mincovna, a.s. ("BÈM")). BTC manufactures and trades glass bijouterie, in particular in the Czech Republic. Swarovski Bohemia is a subsidiary of the Swiss-Austrian glass manufacturer which distributes glass bijouterie in the Czech Republic. ORNELA manufactures the glass poles and other materials from which bijouterie can be produced. BÈM focuses on the production of metal bijouterie, metal products, coins and medals. According to the Office, the concentration created a strong

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Author

  • Clifford Chance (Prague)

Quotation

Eva Valentová, The Czech Competition Office cleared in phase II a merger in the bijouterie sector subject to remedies, including assumption of older commitments and maintaining supply conditions (Bijouterie Trading / Swarovski / Ornela / BÈM), 6 May 2004, e-Competitions Bulletin May 2004, Art. N° 20901

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