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Notification of a concentration concerning the acquisition of joint control of SOFT ONE TECHNOLOGIES A.E. by RUCIO INVESTMENT S.À.R.L., ROCINANTE INVESTMENTS S.A R.L. and GREY SQUIRREL SERVICES LTD
20/05/2024

The Service of the Commission for the Protection of Competition has received a notification of a concentration concerning the proposed acquisition of joint control of SOFT ONE TECHNOLOGIES S.A., by RUCIO INVESTMENT S.À.R.L., ROCINANTE INVESTMENTS S.A R.L. and GREY SQUIRREL SERVICES LTD.

RUCIO INVESTMENT S.A.R.L. is a company duly registered under the laws of Luxembourg and is mainly active in the market of business software products (applications) and services.

ROCINANTE INVESTMENTS S.A.R.L. is a company, duly registered under the laws of Luxembourg and is mainly active in the market of business software products (applications) and services.

GREY SQUIRREL SERVICES LTD is a holding company duly registered under the laws of the Republic of Cyprus. It is active in the field of software distribution and distribution of high-tech IT products, as well as batteries, lamps and home appliances. It is a wholly owned subsidiary of Olympia, parent company of the international investment group Olympia. The Olympia Group operates, through its subsidiaries, in the sectors of retail and e-commerce, energy, distribution, software and commercial real estates (property development, investment and management).

The target in this transaction is SOFT ONE TECHNOLOGIES S.A., a company duly registered under the laws of Greece. It is active in the IT industry and in the market of business software products (applications) and services.

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