PAI Partners will contribute to Froneri its ice cream business, operating as R&R. Nestlé will contribute its ice cream business in Europe, the Middle East, North Africa, Philippines, Brazil and Argentina and part of its frozen food business in Europe. The Commission concluded that the proposed acquisition would raise no competition concerns, because R&R and Nestlé are not close competitors in the European Economic Area ice cream markets and will continue to face competition from Unilever and several other ice cream manufacturers.
The transaction was examined under the normal merger review procedure.
More information is available on the Commission's competition website, in the public case registerunder the case number M.7946.
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