The Service of the Commission for the Protection of Competition on the 29th of March 2010 received on behalf of ACM Christofides Ltd and Fereos Ltd, a proposed concentration according to Section 13 of the Control of Concentration between Enterprises Law (Number 22(I)/99), concerning the creation of a new company named Christofides Fereos Distributors Ltd.
The main activities of ACM Christofides Ltd are imports, trade, distribution and marketing of all kinds of spirits and wine, including tobacco.
The main activities of Fereos Ltd are imports, trade, distribution and marketing of all kinds of spirits and wine, including tobacco.
The departments of imports and distribution of spirits and wine of the two enterprises will be transferred to the newly established company Christofides Fereos Distributors Ltd.
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