Blog: Booker gets green light for Makro buy
Katy Askew | 19 April 2013
The UK Competition Commission has unconditionally cleared the acquisition of Metro's UK business, Makro, by cash and carry operator Booker Group.??
Loss-making wholesaler Makro was sold by its German parent to Booker for GBP139.7m.
Booker has said that the deal will strengthen its presence across the country and the company expects to bring the business into the black as it integrates Makro into its store network.
In its final report, published today (19 April), the Competition Commission concluded that the merged company would continue to face sufficient competition from other wholesalers. ??
In a brief statement Booker Group welcomed the announcement.
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