15 June 2016
ACM approves acquisition of Mediq by Brocacef with remedies
On 14 June 2016 the Dutch competition authority (ACM) approved the acquisition of parts of Mediq by Brocacef subject to remedies following a lengthy Phase II investigation. The activities of the parties overlap in pharmacy retailing and wholesaling to pharmacies and hospitals in the Netherlands. The remedies include the divestment of Mediq’s wholesale activities to hospitals in the Netherlands, and the divestment and termination of franchise and partner contracts with a number of pharmacies to solve (local) overlap concerns. RBB Economics advised Brocacef and its shareholders Phoenix and Celesio throughout the merger control procedure alongside Loyens & Loeff.