The Latvian competition authority (KP) received a merger notification on October 9, 2026, concerning the acquisition of decisive influence by SIA 'Petrol Property' over the assets of SIA 'Elama B', specifically a fuel station located at 'Priežkalni 2', Jumpravas pagastā. Additionally, AS 'VIADA Baltija' is seeking to obtain usage rights over the same fuel station, which was previously operated by SIA 'Elama B'.

This merger notification follows an earlier submission on August 13, 2026, but was put on hold after AS 'VIADA Baltija' informed KP of new circumstances on September 9, 2026, that could impact the merger's assessment. The KP resumed its review upon receiving complete information on October 9, 2026.

AS 'VIADA Baltija' is engaged in retail fuel sales and operates 102 fuel stations across Latvia, offering additional services such as snacks, hot beverages, and essential goods. SIA 'Petrol Property' is a Latvian company primarily involved in leasing and managing real estate and other assets.

SIA 'Elama B' also operates a fuel station at the same location and provides similar services. Prior to the merger, SIA 'Elama B' was a franchisee of 'Circle K Latvia'.

The merger could potentially affect competition in the retail markets for gasoline, diesel, and autogas for both private consumers (B2C) and businesses (B2B), with specific attention to each fuel type and customer segment. It may also impact wholesale markets for these fuels across Latvia.

The KP is required to make a decision on the merger within one month of receiving the notification, although this period may extend to three months if a detailed investigation is necessary. Interested parties are invited to provide their opinions on the merger's competitive effects by October 29, 2026.