Commission clears acquisition of SWS by ALSO

Source: European Commission Spokesperson's Service 

The European Commission has approved, under the EU Merger Regulation, the acquisition of sole control of SWS, a.s. of Czechia by ALSO Holding AG (‘ALSO’) of Switzerland.

The transaction relates primarily to the information and communications technology sector, in particular to the wholesale distribution of consumer electronics and printing consumables.

The Commission concluded that the notified transaction would not raise competition concerns, given the companies’ limited market positions resulting from the proposed transaction. The notified transaction was examined under the simplified merger review procedure.

More information is available on the Commission’s competition website, in the public case register under the case number M.11499.