Booker’s £140m acquisition of Makro has been given the green light by the Competition Commission.
The Competition Commission announced this morning it had formally cleared the deal, first announced in May last year.
“In its final report released today, the CC has concluded that the merged company would continue to face sufficient competition from other wholesalers—both cash-and-carry and delivered— in all areas affected by the merger,” it said in a statement.
“The CC therefore believes that the existing and potential alternatives offered by other suppliers will ensure that the merger will not lead to a substantial lessening of competition.”
The merger creates a wholesaler with sales of around £4.7bn and a network of more than 200 depots.