Press Release: Mergers: Commission approves acquisition of joint control over Danish animal by-products company Daka by SARIA and Danish Crown

The European Commission has cleared under the EU Merger Regulation the proposed acquisition of joint control over the newly created company Daka Denmark A/S by SARIA Bio-Industries AG & Co. KG of Germany and Danish Crown A/S of Denmark). Daka Denmark will take over the business activity of the Danish cooperative Daka a.m.b.a.

The Commission's investigation confirmed that the proposed transaction would not significantly alter the structure of the markets concerned and that the merged entity would continue to face competition from a number of players.