The Commission for the Protection of Competition received a notification of a proposed concentration by Kaliacal Enterprises Ltd in accordance with Article 13 of the Control of Concentrations between Enterprises Law (Number 22(I)/99). The transaction concerns the acquisition of part of the share capital of Vivartia (Cyprus) Ltd by Senataria Enterprises Ltd and Coralport Enterprises Ltd, through the vehicle company Kaliacal Enterprises Ltd.
Kaliacal Enterprises Ltd is a private limited company, registered in accordance with the laws of Cyprus and is controlled by Senataria Enterprises Limited (50%) and Coralport Enterprises Limited (50%). Kaliacal Enterprises Ltd is inactive.
Senataria Enterprises Limited is a private limited company, registered in accordance with the laws of Cyprus. This company was created with the intention to acquire through Kaliacal Enterprises Ltd, part of the share capital of Vivartia (Cyprus) Ltd. Senataria Enterprises Limited is inactive.
Coralport Enterprises Limited is a private limited company, registered in accordance with the laws of Cyprus. This company is inactive.
Vivartia (Cyprus) Ltd is a limited company, registered in accordance with the laws of Cyprus. The company’s main activity is the pasteurization, processing, sale and distribution of dairy products and the import, sale and distribution of products produced by Vivartia group of companies and other suppliers. In addition, Vivartia (Cyprus) Ltd grants loans to its connected companies.
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