May 11
2021
Juan Jonás
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23rd April 2021
Competition & State Aid

Approval decision published: acquisition of LDC by LDCEH and ADQ

Official publication has been made of the European Commission’s decision of 7 April 2021 approving, under Article 6(1)(b) of the EU Merger Regulation, the acquisition of joint control over Louis Dreyfus Company B.V., of the Netherlands (holding company of the Louis Dreyfus Company group of agricultural companies).

The acquiring companies are:

Louis Dreyfus Commodities and Energy Holdings N.V. (Dutch financial holding company); and Abu Dhabi Developmental Holding Company PJSC (holding company with investments in a number of sectors).

The Commission concluded that the proposed acquisition would raise no competition concerns, given that there are only minor horizontal and vertical overlaps between the activities of the compa

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