Competition Commission: "Green light" for the acquisition of Entelecheia by the Aktor Group
The Competition Commission has approved Aktor Group's acquisition of exclusive control over Entelecheia SA.
The Competition Commission of Greece has unanimously approved the acquisition of exclusive control by "AKTOR SA" over Entelecheia SA, following the provisions of Article 8, paragraph 3 of Law 3959/2011. This transaction involves activities in both public and private construction markets where both companies are currently operating. The decision, numbered 900/2026, indicates a strategic move by the Aktor Group to consolidate its position within the construction sector in Greece.
The acquisition reflects ongoing trends within the construction industry, where consolidation is common as companies seek to enhance operational efficiencies and market share. The steadfast backing from the Competition Commission suggests a favorable regulatory environment aimed at fostering growth, despite potential concerns about market concentration that may affect competition. The announcement details that the transaction was backed entirely in compliance with regulatory frameworks set in Greece, which may signal stability for future corporate mergers in the sector.
This move by Aktor Group highlights their intent to expand influence in the construction field, particularly in public infrastructure projects, which are crucial for national development agendas. As the construction landscape evolves, such mergers could have significant implications for pricing, project delivery, and competition in the sector, ultimately impacting consumers and other stakeholders involved.