Press Release: Mergers: Commission approves acquisition of Armajaro Trading by Ecom

On 23 May 2014, the European Commission cleared under the EU Merger Regulation the proposed acquisition of the commodity trading and processing company Armajaro Trading Limited of the United Kingdom by rival Ecom Agroindustrial Corporation Limited of Switzerland. The Commission concluded that the transaction would not raise any competition concerns, in particular because the merged entity would continue to face sufficiently strong competition after the merger and customers would still have sufficient alternative suppliers in all markets concerned.