Animals
Business
Crops
Environment
Food
General
Horticulture
Livestock
Machinery
Markets
Politics
Login
 
 
 
Submit to register and subscribe
(72,60 / year)
 
I forgot my password
Next articleVolgend Artikel

 17 may 2017 14:33 

Commission clears acquisition of joint control of Amaggi & LDC Holding S.A.


The European Commission has approved under the EU Merger Regulation the acquisition of joint control over Amaggi & LDC Holding S.A. (the "joint venture") of Brazil, by Zen-Noh of Japan, Louis Dreyfus Company B.V. of the Netherlands and the Amaggi group of Brazil.

The joint venture is currently jointly controlled by Louis Dreyfus Company B.V. and Amaggi, each holding 50% of the voting rights. The joint venture originates and commercialises soybeans and corn produced in Brazil, as well as renders services of storage, elevation, and the loading of agricultural commodities. In the European Economic Area (EEA), the joint venture is only active in the wholesale of soybeans. Zen-Noh markets agricultural and livestock products produced by its members, and supplies them with necessary materials such as feed and fertilizers.

The Commission concluded that the proposed acquisition would raise no competition concerns because the joint venture has negligible activities in the EEA and the transaction will not change the current structure of the soybean market segment. The transaction was examined under the simplified merger review procedure.

More information is available on the Commission's competition website, in the public case register under the case number M.8410.



  Newsflash
 
Anthony van der Ley (LEMKEN) elected new President of CEMA Lees meer
 
 
New edition of Copa and Cogecas Magazine focusing on future CAP and Budget Lees meer
 
 
New World Atlas of Desertification shows unprecedented pressure on the planet's natural resources Lees meer
 
 
EU Agriculture Council should decide to use milk powder from intervention as animal feedLees meer
 
 
Fair Fairer Faironika: European Fair Milk ConferenceLees meer
 
 
Spring 2018 Standard EurobarometerLees meer
 
 
Dual quality of food: European Commission releases common testing methodology Lees meer
 
 
The FAO Food Price Index rose further in MayLees meer
 
 
Coceral Crop Forecast on Cereals and Oilseeds June 2018 Lees meer
 
 
EU trade defence: stronger and more effective rules enter into force Lees meer
 
 
EU continues to top global agri-food trade Lees meer
 
 
European farmers and cooperatives open their doors to the public in 2018Lees meer
 
 
The future of food and farming - Communication on the Common Agricultural Policy post-2020Lees meer