Biznes Fakty
W.Kruk wants to take over Lilou – application for consent to the Office of Competition and Consumer Protection
W.Kruk plans to acquire Lilou, as reported by the Office of Competition and Consumer Protection. Both firms are engaged in the jewelry market.
The Office of Competition and Consumer Protection (UOKiK) has been informed of W.Kruk’s proposal to take over Lilou, according to details available on the UOKiK website.
W.Kruk and Lilou are in the retail sector, focusing on jewelry and watches. W.Kruk SA is a subsidiary of the VRG Group, which also participates in the mid- to high-end clothing and footwear markets.
Intended concentration
The announcement detailed that the intended concentration will involve W.Kruk S.A., based in Kraków, gaining control over: Lilou sp. z o.o. headquartered in Warsaw, Bellver MYVOG Fundacja Rodzinna sp.k. located in Warsaw, Lilou Online Shop sp. z o.o. sp.k. registered in Warsaw, Lilou Retail sp. z o.o. sp.k. situated in Warsaw, and Logistics Retail sp. z o.o. sp.k. based in Warsaw.
