The Service of the Commission for the Protection of Competition announces that it has received a notification of a concentration, concerning the acquisition of the share capital of Condor Flugdienst GmbH by Polska Grupa Lotnicza SA, through AcquiCo GmbH.
Polska Grupa Lotnicza SA is a company duly registered in accordance with Polish laws. This company is the parent of the airline group PGL, which consists of Polish airlines LOT under the corporate name Polskie Linie Lotnicze SA, LOT Aircraft Maintenace Services Sp. Zo.o and LA Technics Sp. Zo.o which provide maintenance and repair services and LS Airport Sewrvices SA that provides ground handling services.
AcquiCo GmbH will be established as a limited liability company, duly registered in accordance with the laws of the Federal Republic of Germany. This company is an investment vehicle controlled by Polska Grupa Lotnicza SA.
Condor Flugdienst GmbH is a company duly registered under the laws of the Federal Republic of Germany, which operates short, medium and long-haul flights, with its own fleet of aircrafts.