Press Release: Mergers: Commission approves Südzucker’s acquisition of control over ED&F MAN subject to conditions

Author (Corporate)
Series Title
Series Details IP/12/486 (16.05.12)
Publication Date 16/05/2012
Content Type

Following an in-depth review, the European Commission has cleared under the EU Merger Regulation the proposed acquisition of control by Südzucker of Germany, Europe's largest sugar producer, over ED&F MAN of the UK, the second largest sugar trader worldwide and a company also active in sugar production. The approval is conditional upon the divestiture of ED&F MAN's interests in the Brindisi refinery, the biggest and most modern production facility in Italy.

Source Link Link to Main Source http://europa.eu/rapid/pressReleasesAction.do?reference=IP/12/486&format=HTML&aged=0&language=EN&guiLanguage=en
Subject Categories
Countries / Regions