Grupo Calleja Looks At Buying Almacenes Europa

The request, which will be reviewed by the Board of the Superintendency of Competition (SC), was presented on January 2nd and is for the purchase of the five of sales outlets belonging to Europa SA, owner of Almacenes Europa and Hiper Europa.

An article in Elsalvador.com states that, "Francisco Diaz Rodriguez, Superintendent of Competition, said that they need to perform an 'in-depth analysis of the market to ensure that competitive conditions are not affected by this purchase."

This is the first application for authorization of economic concentration that has occurred in the supermarket sector and will be analyzed by the SC. "

Source: elsalvador.com

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