Press Release: Mergers: Commission approves acquisition of Cocoa Ingredients Division of Petra Foods by rival Barry Callebaut

The European Commission has cleared under the EU Merger Regulation the proposed acquisition of the Cocoa Ingredients Division of Petra Foods Limited of Singapore by Barry Callebaut AG of Switzerland. The Commission's investigation confirmed in particular that customers would still have sufficient alternative suppliers in all markets concerned and that the merged entity would continue to face competition from a number of other strong competitors.