The Competition Council determined that the notified deal poses no significant threats to the national market and that there are no serious doubts regarding its compatibility with a regular competition environment, it said in a press release on Thursday.
The nine pharmacies that are the target of the transaction are located in Bucharest. The value of the acquisition was not disclosed.
Minifarm owns a chain of 100 pharmacies located in southeastern Romania and Bucharest. In 2022, the company booked a net profit of 3.4 million lei ($746,300/684,060 euro) on a turnover of 319.5 million lei, according to finance ministry data.
(1 euro=4.9703 lei)