On November 20, 2025, the Greek Competition Commission approved the acquisition of exclusive control of Panagiotis G. Nikas by A. & Ch. Yfantis, as per decision number 895/2025.

The merger concerns the processed meat market for cold consumption, where both companies are competitors, primarily distinguished by meat type and distribution channel. Their products are available in both retail and mass catering across Greece.

The investigation revealed that the processed meat sector relies mainly on domestic raw materials and consists of many small to medium-sized enterprises, with few large industries. The Commission assessed the merger's impact on relevant markets based on data from the acquiring company, competitors, and supermarkets.

In the poultry processed meat market, the new entity will hold a market share of 30-40%, but a significant competitor exists with a similar share. The intense competition in recent years has led to fluctuations in market shares.

In the pork processed meat market, the new entity will have a market share exceeding 20-30%, but the increase from the acquired company is not significant. In other relevant markets, the new entity's market share will either fall below the threshold for affected market formation or the increase will be less than 5%.

Overall, the Commission concluded that the merger is not expected to create competition issues in the examined markets, nor will it create or strengthen a dominant position for the new entity.