On February 27, 2025, the Greek competition authority held a meeting where it unanimously approved the acquisition of exclusive control by IDEAL HOLDINGS S.A. over the company 'ΜΠΑΡΜΠΑ ΣΤΑΘΗΣ Monoprosopi Anonymi Viomichaniki kai Emporiki Etaireia' and its subsidiaries, 'ΧΑΛΒΑΤΖΗΣ ΜΑΚΕΔΟΝΙΚΗ A.B.E.E.' and 'Uncle Statis EOOD'. This decision is documented in Decision 875/2025.

The acquisition pertains to the broader food market, particularly focusing on the frozen food sector, plant-based meals, and ready-made salads, including refrigerated salads, vegetable and legume salads, and fruit salads. The geographical scope of the relevant product markets covers the entire Greek territory.

The competition authority found that there are no affected markets at either horizontal or vertical levels, as the cumulative criteria for market share were not met. Specifically, there were no instances where at least two participating companies had a combined market share of at least 15% in horizontal markets, or where at least one participating company had a market share of at least 25% in vertical markets.

Consequently, the competition authority unanimously approved the notified concentration under Article 8, paragraph 3 of Law 3959/2011, concluding that the acquisition does not raise serious doubts regarding its compatibility with competition requirements in the relevant markets.