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Office Depot authorized to acquire Casa Marchand
14:14Monday 07 April 2014
The decision of Cofece was taken on March 27 and will be valid for six months upon the notification to the interested parties.. (Photo: Archive/El Universal )
According to the decision by the Federal Commission on Economic Competition, this acquisition does not have an anti-competitive effect.
Office Depot de Mexico was authorized by the Federal Commission on Economic Competition (COFECE) to acquire Casa Marchand.
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"Based on the analysis of the concentration indices in the stationary market, this operation is not expected to have an anti-competitive effect," according to a statement released by COFECE.
The decision of the anti-trust authority was ruled on March 27 and will be valid for six months upon the notification to the interested parties.
Casa Marchand sells and distributes stationery and office items.
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