The Hungarian Competition Authority approves a merger in the dairy industry subject to a restriction on share acquisition (Friesland Coberco Dairy Foods Holding / Koninklijke Numico)

The operation The HCO authorized the acquisition of Numico by Friesland. FEH belongs to the Friesland Group and owns 33 per cent of the shares of MiZo, which has a market share of 10 per cent. MiZo is under liquidation. Nutricia with a market share of 30 per cent is one of the Hungarian members of the Numico Group. The market(s) The HCO assessed the effects of the acquisition on the market of the dairy industry. Remedy: Limitation of the acquisition of the shares Although the request is for the authorisation for the concentration between foreign undertakings, it falls