The Czech competition authority, known as ÚOHS, has approved the acquisition of a majority stake in JANČA & EMAS group s.r.o. by ZJZ holding, a.s. This decision allows ZJZ holding to exclusively control JANČA & EMAS group.

The merger does not raise any concerns regarding potential disruptions to competition in the market, and the decision is final.

ZJZ holding operates through its subsidiaries in wholesale and retail sales, primarily focusing on heating, gas, water, sanitation, and engineering networks. They also offer a limited range of electrical installation materials related to their main focus.

On the other hand, JANČA & EMAS group specializes in wholesale and retail sales of electrical installation materials and various household electrical appliances, including lighting and consumer electronics. They also provide expert consulting in their field and operate around 30 stores and studios in the Czech Republic.

The transaction was approved under a simplified procedure, confirming that it will not lead to significant competition disruption.