The EU Commission approves, subject to remedies, an acquisition by world’s largest food and nutrition company of a US pet food company (Nestlé / Ralston)

"Merger control: main developments between 1 May and 31 August 2001"* On 27 July, Swiss-based Nestlé made significant concessions in order to obtain a clearance for the acquisition of the American petfood company Ralston Purina. The conditions concerns Spain, Italy and Greece. In Spain, Nestlé will grant an exclusive licence for a substantial period covering its Friskies branded pet food products, and divest the production site of Castellbisbal near Barcelona. Alternatively, it will divest Ralston Purina‘s 50% stake in the Spanish joint venture, Gallina Blanca Purina. In Italy and in Greece, the new entity will grant exclusive licences for Purina’s branded pet food

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Authors

  • DG Economic and Financial Affairs (ECFIN) (Brussels)
  • DG COMP (Brussels)
  • Financial Conduct Authority (London)

Quotation

Kay Parplies, Carina Joergensen, Neil Marshall, The EU Commission approves, subject to remedies, an acquisition by world’s largest food and nutrition company of a US pet food company (Nestlé / Ralston), 27 July 2001, e-Competitions July 2001, Art. N° 38998

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