Reported by the Italian media, the coalition of the two pet store chains Arcaplanet and Maxi Zoo is not accepted by the Italian antitrust authority just like that. A bulletin was published by the antitrust authority that informs about an investigation against the owner of Arcaplanet Cinven.
Trough the mergence of the companys, Cinven shall hold between 65 and 70 per cent and Fressapf 30 to 35 per cent of the shares in the newly founded company Shiba. The antitrust authority wants to analyse the effects on the Italian pet market.
Since Arcaplanet and Maxi Zoo are the first and third largest pet chains in Italy, the antitrust authority fears an dominant position of both companys with a market share of 30 to 35 per cent. In about 90 regions the companys would hold more than 50 per cent.
In its justification for the investigation, the antitrust authority noted the amount of Arcaplanet and Maxi Zoo shops all over Italy as well as the importance and reputation. The antitrust needs to complete the proceedings within 45 days (from 22 November).