| Author (Corporate) | European Commission: DG Communication |
|---|---|
| Series Title | Press Release |
| Series Details | IP/07/1631 (31.10.07) |
| Publication Date | 31/10/2007 |
| Content Type | News |
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The European Commission has approved, under the EU Merger Regulation, the proposed acquisition of the Dutch company Numico by the French group Danone. Both companies are major suppliers of baby food and baby milk products. The Commission's decision is conditional upon the divestment of Numico's baby milk and baby drink business in France, Danone's baby meals, baby milk, baby snacks, and baby drink activities in Belgium, and Danone's baby meal and baby snacks activities in The Netherlands. In light of these commitments, the Commission has concluded that the transaction would not significantly impede effective competition in the European Economic Area (EEA) or any substantial part of it. |
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| Source Link | Link to Main Source http://europa.eu/rapid/pressReleasesAction.do?reference=IP/07/1631&format=HTML&aged=0&language=EN&guiLanguage=en |
| Subject Categories | Internal Markets |
| Countries / Regions | Europe |