Merger: Fazer Food acquisition cleared by Commission
Yesterday, the Commission approved the acquisition of Fazer Food AB, comprising Swedish Fazer Food Services AB, Finnish Fazer Food Services OY, Norwegian Fazer Food Services AS, Danish Fazer Food Services A/S and Estonian Fazer Food OÜ (together ‘Fazer FS’), by the British Compass Group PLC.
Fazer FS is a catering, restaurant and foodservices company, and will be acquired by a multinational providing outsourced foodservices in various sectors.
The Commission did not find there would be any competition concerns, given that there are other credible and active competitors in the markets covered by those companies.
For more information, read the Commission’s press release.