:. Food Industry News

Categories: Mergers and Acquisitions

European Commission Clears Acquisition of Nowaco Group by Bidvest

Source: European Commission
28/09/2009

28 September 2009 - The European Commission has granted clearance under the EU Merger Regulation to the acquisition of sole control of Nowaco Czech Republic s.r.o. and Farutex Sp.zo.o (together Nowaco Group) of the Czech Republic and Poland by Bidvest Group Limited of South Africa.

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Bidvest is active in international services, trading and distribution, and wholesale distribution of foodservice products. Nowaco Group is active in the wholesale and independent retail distribution of foodservice products.

The operation was examined under the simplified merger review procedure.



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