The Office for the Protection of Competition allows a merger of three competitors – XLCEE-Holding Gmbh and companies Kika Nábytek, s.r.o. (Kika CZ) and Lambda Properties Czechia, s.r.o. (Lambda CZ), provided that structural obligations set out in order to maintain the effective competition are fulfilled.

XLCEE-Holding is part of XXXLutz group, a group mainly active in the field of retail stores and online stores with furniture and home accessories in the Czech Republic under the brands of XXXLutz and Möbelix.

Both Kika CZ and Lambda CZ are part of a business group that is primarily engaged in the operation of retail stores and online stores with furniture and home accessories under the brand “kika”. Kika CZ operates nine retail stores with furniture and home accessories in the Czech Republic and is also active in online selling of furniture and home accessories under the same brand. Lambda CZ operates in the field of rentals of real estate owned by Kika CZ.

Please find the relevant press release here (in Czech only).