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Vion's acquisition of Grampian approved by EU
The European Commission has approved the proposed
acquisition by Dutch company, Vion of the UK's
Grampian.
After examining the operation, the Commission concluded
that the transaction would not significantly impede effective competition in the
European Economic Area (EEA) or any substantial part of it.
The
Commission's analysis of the proposed transaction showed that the parties'
activities would mainly overlap in the fresh and processed pork markets.
However, given the minimal increase in market share in the fresh pork
market and the parties' relatively low market shares in the processed pork
market, no competition concerns arise.
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