A PYMNTS Company

Commission approves Saria acquisitions in animal by-product market

By  |  February 10, 2012

The European Commission has approved Saria’s acquisition of sole control over Quintet and Bioiberica, as well as its acquisition of joint control over Teeuwissen and Jagero II. Saria manufactures products using animal and vegetable by-products. Teeuwissen and Jagero II are holding companies involved in commercializing meat for human consumption.

The acquisitions of Teeuwissen and Jagero II create horizontal overlaps in the market for animal by-products in the United Kingdom and France. Yet the Commission found that other competitors, including overseas suppliers, and slaughterhouses pose enough competition so that Saria would not be able to increase prices as a result of the merger.

Source: EC Press Release

 

Related content: Reform of the EU Merger Regulation: Looking Out for the Minority (Christian Riis-Madsen, Sophia Stephanou & Killian Kehoe, O’Melveny & Myers)