Press Release: Mergers: Commission approves acquisition of Teeuwissen, Quintet, Jagero II and Bioiberica by Saria in the food and pharmaceutical sectors

The European Commission has cleared under the EU Merger Regulation the proposed acquisitions by the German company Saria Bio-Industries AG & Co. KG of sole control over Quintet Beheer B.V. of the Netherlands and Bioiberica S.A. of Spain, as well as Saria's acquisition of joint control over Teeuwissen Holding B.V. of the Netherlands and Jagero Holding II S.L. of Spain.

The Commission's investigation confirmed that the proposed transaction would not raise competition concerns, because the merged entity will continue to face competition from a number of players.