Meyer Bergman wants all shares of Galeria Katowicka

Meyer Bergman wants to fully control Galeria Katowicka. The company filed for an approval of the Office of Competition and Consumer Protection (UOKiK) at the end of last month.

Meyer Bergman is the co-owner of the shopping center located at 3 Maja St. In December 2010 the company had entered into a joint venture with Neinver to develop Galeria Katowicka, which was opened in September 2013. Meyer Bergman increased its holding in the shopping center to over 70% in October 2012. Now the company is going to become a sole owner of the property and to take over the remaining stake from PKP (Polish State Railways) and Neinver. Both companies were involved in the investment process.

Meyer Bergman is now waiting for the decision of the Office of Competition and Consumer Protection. UOKiK is responsible for shaping the antitrust policy and consumer protection policy in Poland. The office conducts proceedings concerning competition restricting practices, i.e. abuses of a dominant position and prohibited agreements.

The positive decision of the UOKiK means that the takeover would not limit market competition.

Galeria Katowicka, a retail and transport center, is located in the heart of Katowice. Its retail space of 53 000 sq. meters hosts over 250 units. Customers can leave their vehicles at an underground two-level car park with 1 200 parking spaces.