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UK: CMA approves juice business divestment

 |  September 22, 2016

After Hain Frozen Foods UK Ltd bought Orchard House Foods Ltd in December 2015, the Competition and Markets Authority decided that the merger gave rise to a loss of competition in the supply of own-label freshly squeezed fruit juice to retailers and food service sectors and would be referred for an in-depth investigation unless the companies were able to offer acceptable undertakings to address these concerns.

The company offered a solution in selling Hain’s own-label freshly squeezed fruit juice business to Multiple Marketing Ltd, which has over 30 years of history in the UK’s fruit juice industry.

In August the CMA started a public consultation on how the divestment will effect competition and they have since decided to approve the divestment.

Full Content: Gov.UK

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