Axfood gets approval to buy
Photo: Claudio Bresciani/TT

Axfood gets approval to buy City Gross

The food company Axfood gets the green light from the Competition Authority to buy the competitor City Gross.

"The decision has been made after an in-depth investigation which shows that it is not likely that the acquisition will significantly hinder competition on the Swedish daily goods market, either nationally or locally", the authority writes in a press release.

It was in June this year that Axfood, which operates the chains Hemköp and Willys, submitted an application to the Competition Authority to buy City Gross.

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AuthorTT News AgencyEnglish edition by Sweden Herald, adapted for our readers
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