| Author (Corporate) | European Commission: DG Communication |
|---|---|
| Series Title | Press Release |
| Series Details | IP/11/531 (04.5.11) |
| Publication Date | 04/05/2011 |
| Content Type | News |
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The European Commission has approved under the EU Merger Regulation the creation of a joint venture between the Brazilian groups Votorantim and Fischer that will combine their respective activities in the orange juice sector. Although the merger will create the world's largest wholesale supplier of orange juice, the Commission concluded, after an in-depth investigation, that there would remain sufficient competition from a number of companies in Europe and worldwide. |
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| Source Link | Link to Main Source http://europa.eu/rapid/pressReleasesAction.do?reference=IP/11/531&format=HTML&aged=0&language=EN&guiLanguage=en |
| Subject Categories | Internal Markets |
| Countries / Regions | Europe |