The European Commission has approved, under the EU Merger Regulation, the acquisition of joint control of Hebei Mauri Food Co., Ltd. (‘Hebei Mauri’) of China by Associated British Foods plc (‘ABF’) of the UK and Wilmar International Limited (‘Wilmar’) of Singapore.
The transaction relates primarily to the manufacture and supply of baker’s yeast outside the European Economic Area (‘EEA’).
The Commission concluded that the notified transaction would not raise competition concerns, given the limited impact on the EEA and that the companies are not active in the same or vertically related markets. The notified transaction was examined under the simplified merger review procedure.
