The Service of the Commission for the Protection of Competition has received a notification of a concentration, according to Section 10 of the Control of Concentrations between Enterprises Law of 2014, concerning the acquisition by Tempo Beverages Cyprus Ltd (“Tempo”) of the share capital of Fereos Fourpoint Distribution Ltd (“Fereos Fourpoint”).
Tempo is a limited liability company duly registered under the laws of the Republic of Cyprus. The said company is active in the import and distribution of alcoholic beverages in the Republic of Cyprus through its own sales and distribution network.
Fereos Fourpoint (“the Target Company”) is a limited liability company duly registered under the laws of the Republic of Cyprus. The said company is active in the import and distribution of alcoholic beverages in the Republic of Cyprus through its own sales and distribution network.
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