Norwegian Competition Authority to continue investigation into Mekonomen’s acquisition of Meca

16 January 2012 17:34

The Norwegian Competition Authority has decided to continue its investigation into Mekonomen’s acquisition of the automotive spare-parts chain, Meca. On 12 October 2011, Mekonomen signed an agreement to acquire Meca, which is a well-known automotive spare-parts chain with a solid position in Sweden and Norway.

The Competition Authority’s decision means that more time is required to evaluate the transaction, but does not mean that a decision has been made on the issue. Mekonomen has initiated a dialogue with the Competition Authority to clarify what additional information is required in order to make a decision on the issue.

For further information, please contact:

Håkan Lundstedt, President and CEO of Mekonomen AB
Tel:+46 (0)8-464 00 00

Gunilla Spongh, CFO of Mekonomen AB
Tel: +46 (0)8-464 00 00

Mekonomen AB (publ), Corp. Reg. No. 556392-1971 Box 6077, SE-141 06 Kungens Kurva, Sweden Tel: +46 (0)8-464 00 00, Fax:+46 (0)8-464 00 66

The information in this press release is such that Mekonomen is obligated to publish in accordance with the Securities Market Act.
The information was submitted for publication on 16 January 2012.