The Cypriot Competition Authority decides to launch a full investigation into a merger in the market related to the storage and management of Liquefied Petroleum Gas (VLPG Plant / Yugen / Hellenic Petroleum)

The Commission for the Protection of Competition has decided to launch a full investigation of the merger regarding the acquisition of part of the share capital of VLPG PLANT Ltd by YUGEN LIMITED and the merger of Hellenic Petroleum S.A Group activities’ related to the storage and management of LPG (Liquefied Petroleum Gas) with the respective business divisions of Petrolina (Holdings) Public Ltd, Synergas Ltd and Intergaz Ltd, which have already been merged through VLPG PLANT Ltd* The Commission for the Protection of Competition (hereafter the “Commission”) at its meeting held on 16/09/2021, examined the notification of a concentration concerning the acquisition of part of the share capital of VLPG PLANT Ltd (hereafter the “VLPG”) by YUGEN LIMITED (hereafter the “YUGEN”) and the merger

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Cypriot Competition Authority, The Cypriot Competition Authority decides to launch a full investigation into a merger in the market related to the storage and management of Liquefied Petroleum Gas (VLPG Plant / Yugen / Hellenic Petroleum), 20 September 2021, e-Competitions September 2021, Art. N° 103686

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