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Image header Agence Europe
Europe Daily Bulletin No. 10235
Contents Publication in full By article 32 / 36
GENERAL NEWS / (eu) eu/competition

13/10/2010 (Agence Europe) - The proposed acquisition of Charden International, the Dutch parent company of Autobar, a vending machine operator, by CVC was approved by the European Commission on Tuesday 12 October. CVC controls a number of companies in various industries, including Leaf International, a manufacturer of sugar confectionery and chewing gum with brands like Sportlife or Läkerol. Charden International supplies, installs and operates vending machines for hot beverages, cold drinks and snacks, including confectionery. The transaction could potentially raise vertical concerns, in particular in the Netherlands, Norway, Sweden and Finland where the parties have their highest market shares. The Commission's analysis showed that the merged entity would have neither the ability nor the incentive to shut off competitors. Competitors of Autobar in the vending services market will be able to source from alternative suppliers and sugar confectionery and gum make up only for a very small share of total vending sales. (L.C./transl.rt)

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