The Turkish Competition Board authorizes the acquisition of a Turkish water supplier by a multinational company (Sirma / Danone)

The Turkish Competition Board (“Board’’) authorized the acquisition of 51% of the shares of Sırmagrup İçecek Sanayi ve Ticaret A.Ş. (“Sırma’’) by Danone SA (“Danone’’), since this transaction does not create a dominant position or strengthen an existing dominant position in the relevant market. Parties to the Operation Acquirer. Danone is a multinational company established as per the laws of France and active worldwide in the production of fresh milk, packed water and special products for babies and sick persons, or old people having certain sensibilities. Danone is active in the Turkish market through the companies Danone Hayat İçecek ve Gıda Sanayi ve Ticaret A.Ş. (“Danone Hayat”), Danone Tikveşli Gıda ve İçecek Sanayi ve Ticaret A.Ş. (“Danone Tikveşli”) and Numil Gıda Ürünleri Sanayi ve Ticaret

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Ercüment Erdem, The Turkish Competition Board authorizes the acquisition of a Turkish water supplier by a multinational company (Sirma / Danone), 29 May 2013, e-Competitions Bulletin May 2013, Art. N° 60151

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