Swedish Competition Authority approves merger between Mat.se and Mathem – Axfood becomes new owner in Mathem
Today, the Swedish Competition Authority approved Mathem’s takeover of Mat.se, in connection with which Axfood will become the second largest owner in Mathem since the divestment of Mat.se will take place in exchange for shares in Mathem. Merging the companies will create synergies and economies of scale, providing improved opportunities to develop a strong offering in pure-play online retail with home delivery.“This is a transaction that is good and logical in many ways, and we are pleased that the Swedish Competition Authority has given its approval now. Mathem is currently the largest