The European Commission today (19 September) pushed back the deadline for completion of its investigation into the proposed merger of dairy groups Friesland Foods and Campina.
Go deeper with GlobalData
In July, the Commission commenced an in-depth investigation into the proposed merger of the Dutch companies, voicing concern that the deal could reduce competition in the European Economic Area and result in increased dairy prices.
The EU was due to have concluded its inquiry into the competition implications of the merger by 24 November. However, according to the list of planned mergers under review, a new deadline of 1 December has now been set.
If the deal goes ahead, it will create one of the world’s largest dairy concerns with total annual sales of around EUR9.1bn (US$13.2bn).
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
