The French Competition Authority’s clears the take-over of an agricultural co-operative by means of an exclusive distribution agreement (Terra Lacta / Orlait)

Sodiaal is a leading dairy cooperative in charge of transformation and marketing of dairy products (drinking milk, cheese, milk powder, etc.). Orlait SAS is an indirect subsidiary of Sodiaal, active mainly in the trading and marketing of long-life drinking milk. Terra Lacta is a dairy cooperative owned by cow and goat milk producers, active in the collection of milk and in the production and marketing of dairy products. • The transaction The parties filed on 29 January 2014 the acquisition by Orlait of sole control over Terra Lacta, further to the execution of an exclusive distribution agreement dated 26 September 2013 whereby, in exchange for the acquisition by Terra Lacta of a minority shareholding in Orlait, the latter was entrusted with the distribution of almost all the

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  • Gide Loyrette Nouel (Paris)

Quotation

Laura Castex, The French Competition Authority’s clears the take-over of an agricultural co-operative by means of an exclusive distribution agreement (Terra Lacta / Orlait) , 14 April 2014, e-Competitions Bulletin Exclusive distribution, Art. N° 68837

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