FOODSTUFFS : GBI-ASSOCIATED BRITISH FOODS MERGER UNDER INVESTIGATION.

Europe Agri, April, 2008

The proposed acquisition of certain parts of Dutch company GBI by the UK-based company Associated British Foods (ABF) could pose competition problems. Both companies produce dry, compressed and liquid baker's yeast. The European Commission opened an investigation, on 17 April, under the EU Merger Regulation.

ABF particularly operates in the production and sale of yeast, managed through the AB Mauri division, which has production plants worldwide, including five plants in the EU (UK, Ireland, Germany, Spain and Portugal). ABF also owns two bakery ingredients plants in the UK (Cereform) and distributes yeast from its plants across the EU and elsewhere in the world. The core activity of the acquired parts of GBI is the production and sale of different types of...

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