The Latvian Competition Authority clears a merger in the dairy products market (Meridian Capital / SIA Rīgas piensaimnieks)

THE CC CLEARS PURCHASE OF SIA RĪGAS PIENSAIMNIEKS* On 25 September, the Competition Council (CC) of Latvia cleared Meridian Capital CIS Fund purchase of SIA Rīgas piensaimnieks. In the decision, the competition authority foresees that such merger will not to distort competition and will develop export capacity and increase the purchase of raw milk in Latvia. Merger Participants Holding company Meridian Capital CIS Fund registered in Cayman Islands thought holding company Shiner Macost Limited registered in Cyprus exercises decisive influence in undertakings of Rīgas piena kombināts group. The group includes following undertakings – AS

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Latvian Competition Authority, The Latvian Competition Authority clears a merger in the dairy products market (Meridian Capital / SIA Rīgas piensaimnieks), 25 September 2015, e-Competitions September 2015, Art. N° 76117

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