The German Competition Authority clears the business-to-consumer side of a Phase II merger of furniture stores, subject to conditions and subject to clearance of the business-to-business side of the merger by the EU Commission (XXXLutz / Tessner group)

Bundeskartellamt clears merger of XXXLutz and the Tessner group (Roller, tejo’s, Schulenburg) only subject to conditions* Following an in-depth examination the Bundeskartellamt has cleared the planned acquisition by Mann Mobilia Beteiligungs GmbH, based in Würzburg (part of the Austrian XXXLutz Group) of 50 percent of the shares in tejo Möbel Management Holding GmbH & Co. KG, Goslar, and Roller GmbH & Co. KG, Gelsenkirchen (Tessner group), subject to conditions. Clearance was granted with regard to the sales side of the planned merger (relationship between furniture retailers and end customers). The project’s effects on competition on the procurement markets, i.e. the relationship between furniture retailers and manufacturers, is being examined by the European

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German Competition Authority, The German Competition Authority clears the business-to-consumer side of a Phase II merger of furniture stores, subject to conditions and subject to clearance of the business-to-business side of the merger by the EU Commission (XXXLutz / Tessner group), 26 November 2020, e-Competitions Cooperation between National Competition Authorities, Art. N° 98254

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