On 15 April 2011, the Commission for the Protection of Competition received a notification of a proposed concentration by Dresser-Rand Group Inc in accordance with Article 13 of the Control of Concentrations between Enterprises Law (Number 22(I)/99). The transaction concerns the acquisition of Clappas Trading House Ltd by Alkis Hadjikyriakos (Frou Frou) Public Ltd.
Alkis Hadjikyriakos (Frou Frou) Public Ltd is a public company duly registered in the Republic of Cyprus, with shares in the Cyprus Stock Exchange. The company operates primarily in the manufacture/import and distribution of food products such as biscuits and cereals, the importation and distribution of household products such as soaps and in investments with the purchase and sale of stock and the development, sale, and renting of land and premises.
Clappas Trading House Ltd is a private limited liability company duly registered in the Republic of Cyprus. This company operates in the importation and distribution of food products such as cheese and butter and drinks.