All clear for Booker’s Makro acquisition

THE Competition Commission has unconditionally cleared the completed acquisition of Irlam-based Makro by cash and carry operator Booker Group.



 

Loss-making wholesaler Makro was sold by its German parent to Northampton-based Booker in May for £139.7m.



 

In its final report published today, the Competition Commission has concluded that the merged company would continue to face sufficient competition from other wholesalers in all areas affected by the merger. 



 

It believes the deal will not lead to a substantial lessening of competition.

 

In a brief statement the Booker Group said it welcomed the announcement.