Construction / building industry
Green light, subject to conditions, to the acquisition of Point P Travaux Publics by Frans Bonhomme
On 18 October 2019, Frans Bonhomme notified the Autorité de la concurrence of its plan to acquire control of one of its competitors, Distribution de Matériaux pour les Travaux Publics (hereinafter “DMTP”), which operates the Point.P Travaux Publics chain of stores.
After examining the transaction, the Autorité considered that the transaction does not raise issues with regard to competition on the markets for procurement from suppliers. However, the transaction would strengthen the new entity's position in several local markets for the distribution of building materials for public works located in Onet-Le-Château (12), Quimper (29) and Amiens (80).
In order to maintain competitive intensity in these areas, Frans Bonhomme undertook to divest itself of the following three outlets:
- the Point.P Travaux Publics store located in Onet-Le-Château;
- the Point.P Travaux Publics store located in Quimper;
- the Frans Bonhomme store located in Camon (Amiens catchment area).