The French Competition Authority clears a merger, subject to remedies, in the market for the production and sale of ready meals (Financière Cofigeo / Agripole group)

Acquisition of William Saurin* The Autorité de la concurrence clears the acquisition Financière Cofigeo of certain securities and assets of the ready meals arm of Agripole group (William Saurin, Panzani, Garbit) subject to two targeted divestments designed to maintain competition in the sector. The Autorité enables Cofigeo to become the leader of the canned ready meals sector while still protecting consumers from price increase risks linked to the transaction. Background On 12 June 2017, the company Financière Cofigeo (“Cofigeo”) notified the Autorité of its intention to acquire exclusive control of certain securities and assets of the “ready meals” arm of Agripole group (hereafter “target companies”), which have been placed under receivership. This transaction follows the dismantling of the

Access to this article is restricted to subscribers

Already Subscribed? Sign-in

Access to this article is restricted to subscribers.

Read one article for free

Sign-up to read this article for free and discover our services.

 

PDF Version

Author

Quotation

French Competition Authority, The French Competition Authority clears a merger, subject to remedies, in the market for the production and sale of ready meals (Financière Cofigeo / Agripole group), 14 June 2018, e-Competitions June 2018, Art. N° 87274

Visites 447

All issues

  • Latest News issue 
  • All News issues
  • Latest Special issue 
  • All Special issues