Acquisition of Addo and ComplEat by PAI: approval decision published
Official publication has been made of the European Commission’s decision of 6 January 2021 approving, under the EU Merger Regulation, the acquisition of UK-based companies Addo Food Group Holdings Ltd and ComplEat Food Group Limited by France-based PAI Partners SAS.
The acquired companies are active in the manufacturing and supply of food products, specifically in the refrigerated savoury pastry and processed meat sectors. PAI carries out management and/or advisory activities for a number of funds holding companies active in various industries, such as business services, food and consumer goods, general industries, healthcare, and retail and distribution.
The Commission concluded that the proposed acquisition would not rai