The Service of the Commission for the Protection of Competition has received a notification of a concentration, by Inter IKEA Group, according to Section 10 of the Control of Concentrations between Enterprises Law of 2014, concerning the acquisition of the retail equipment business of Ingka Holding B.V.
Inter IKEA Group is a group of companies that connects IKEA franchisees with producers (range development) and suppliers, and aligns IKEA's overall strategic direction. Inter IKEA Group includes Inter IKEA Systems B.V. – the global licensor company (franchisor) IKEA – as well as producers (range development), suppliers and certain industrial activities.
The target in this concentration is the assets which include the retail equipment business of the Ingka Group and cover the design of production specifications for IKEA Retail Equipment, in accordance with operational requirements of the Inter IKEA Group, the supply (sourcing) of such IKEA Retail Equipment, and the subsequent sale of such IKEA Retail Equipment to all franchisees.
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