The Commission for the Protection of Competition received a notification of a proposed concentration regarding the acquisition from Aether Anthana Ltd of Hotel ALOE, through its subsidiary Antasia Hotels Ltd.
Antasia Hotels Ltd is a private limited liability company, duly registered in accordance with the laws of the Republic of Cyprus. This company is a start-up company and is a subsidiary of Anthana Aether Ltd. At present, Antasia Hotels Ltd does not exercise any activities.
Aether Anthana Ltd is a private limited liability company, duly registered under the laws of the Republic of Cyprus and through its subsidiaries, it engages in the management of tourist facilities. Also, through its subsidiary company Anthana Ltd, it manages five clothing boutiques in Nicosia, Limassol, and Paphos. Aether Anthana Ltd is the parent company of Thanos Hotels and Resorts group.
Hotel ALOE is located in the area of Kato Paphos and is a four (4) stars hotel.