The Service of the Commission for the Protection of Competition received on behalf of the companies Rodardo Ltd και Golvenveil Ltd, notification of a proposed concentration according to Article 13 of the Control of Concentrations between Enterprises Law (Number 22(I)/99), concerning the acquisition of joint control of Rodardo Ltd by Golvenveil Ltd and thereby the acquisition of joint control of Interlife Insurance Company Ltd.
Golvenveil Ltd is a private limited company registered in Cyprus and does not have any activities as it is a ‘vehicle-company’ for the purposes of the present transaction. The company is controlled by Mr. Dimitrios Kontominas.
Rodardo Ltd is a private limited company registered in Cyprus and does not have any activities as it is a ‘vehicle-company’ for the purposes of a past merger transaction. The company is controlled by Mr. Michael Michaelides and Mr. Athanasios Ktorides.
Interlife Insurance Company Ltd is a company registered in Cyprus and is active in the insurance sector. The company is controlled by Rodardo Ltd.