Axfood’s acquisition of City Gross approved by the Swedish Competition Authority
The Swedish Competition Authority today cleared Axfood’s acquisition of City Gross.The acquisition creates conditions to strengthen City Gross’ competitiveness and for growth in the hypermarket segment, which will challenge the market leaders and increase competition in this segment.– Today’s approval from the Swedish Competition Authority is welcome, entailing that we soon can start the work on developing and strengthening City Gross. This is a compelling deal for both Axfood and City Gross, and it also benefits Sweden’s consumers. With our knowledge and experience, we look forward to