Press Release: Mergers: Commission clears acquisition by Suntory and Castel of Covea Group’s subsidiaries active in the French wine sector.

The European Commission has cleared under the EU Merger Regulation the proposed acquisition by Suntory and Castel of joint control of Grands Millésimes de France as well as the simultaneous acquisition by Castel of sole control of Savour Club and MAAF Subsidiaries. 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.