The Service of the Commission for the Protection of Competition has received a notification regarding the acquisition of the share capital of Gerik Investments Ltd by Cybarco Contracting Ltd, whereby Cybarco Contracting Ltd will acquire joint control with Ibiscus Investments Ltd over Gerik Investments Ltd.
Cybarco Contracting Ltd is a company registered under the laws of the Republic of Cyprus and belongs to Lanitis Group. Lanitis Group, through Cybarco Contracting Ltd, is active in the construction of building projects, and through other companies of the group or joint ventures, operates, among others, in the production and distribution of bituminous concrete, project and facility management, asbestos management and in the field of technical works ( eg. highway construction and maintenance, infrastructure projects such as sewers).
Ibiscus Investments Ltd is a holding company and its main activity is performing investments in movable and immovable values.
Gerik Investments Ltd is a company registered under the laws of the Republic of Cyprus. Gerik Investments Ltd is a Group of companies, active in the fields of production and distribution of aggregate / quarry materials, production and distribution of ready-mixed concrete, production and distribution of bituminous concrete, research and development related to quarry materials, commercial transport services and land development.
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