In terms of regulation 5(4) of the Control of Concentrations Regulations, 2002 published in Legal Notice 294 of 2002, the Director General of the Office for Competition notifies for general information that a notification of a concentration between Retail Marketing Limited, Co-op Trading Company Limited, Polrem Limited, S.Borg & Sons Limited , Tower Supermarkets Complex Limited, Valyou Pendergardens Operations Ltd, Belleview Supermarkets Co. Ltd and Valyou Supermarket Limited was filed on Monday, 30 December 2019.
The nature of the concentration is a full-function joint venture, whereby Retail Marketing Limited will take over the operations of the following supermarkets: Trolees Supermarket, Qawra (Co-op Trading Company Limited), Lasco Supermarket, Żejtun (Polrem Limited), Park Towers, St.Julians and St. Venera (S.Borg & Sons Limited), Tower Supermarket, Sliema (Tower Supermarkets Complex Limited), Valyou Supermarket, St. Julians (Valyou Pendergardens Operations Ltd), Valyou Supermarket, Mellieħa (Belleview Supermarkets Co. Ltd) and Valyou Supermarket, Naxxar (Valyou Supermarket Limited).
The economic sector involved concerns the retail sale of food, beverages, personal care and equipment for house and garden sold by supermarkets.
The Director General of the Office for Competition invites interested third parties to submit their written observations on this notified concentration within seven days following publication of this notice.