Circus may acquire CTL Logistic, decided Marek Niechciał, President of the Office of Competition and Consumer Protection. The application for clearance was filed in November 2007

CTL Logistic provides logistic solutions by means of its own locomotives, rolling stock and infrastructure. The company operates mainly in the territory of Poland and Germany, whereas Circus belongs to the Bridgepoint capital group, whose main shareholder is British Bridgepoint Capital Group Ltd., which manages private equity funds.

In November 2007, Circus filed an application to the President of UOKiK requesting approval to take over CTL Logistics. Having completed the antitrust proceedings the President of UOKiK issued a decision in January approving the acquisition. The review carried out by the Office of Competition and Consumer Protection showed that the envisaged transaction will not lessen competition, in particular, it will not lead to the creation or strengthening of a dominant position on the market.

It should also be reminded that, according to the Act on competition and consumer protection, a transaction should be notified to the Polish competition authority if it involves enterprises whose aggregate world-wide turnover exceeded EUR 1 billion or whose turnover in Poland exceeded EUR 50 million in the preceding year.

Additional information:
Małgorzata Cieloch, Spokesperson for UOKiK
Pl. Powstańców Warszawy 1,
00-950 Warsaw, Poland
Tel. (+48 22) 827 28 92, 55 60 106, 55 60 314
faks (+48 22) 826 11 86
E-mail: [SCODE]bWNpZWxvY2hAdW9raWsuZ292LnBs[ECODE]