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Image header Agence Europe
Europe Daily Bulletin No. 10933
Contents Publication in full By article 19 / 43
ECONOMY - FINANCE - BUSINESS / (ae) competition

01/10/2013 (Agence Europe) - Mergers: Bain Capital-Altor Fud III/EWOS. On 30 September, the European Commission gave the go-ahead to acquisition of EWOS of Norway, by Bain Capital of the US and Altor Fund III of Jersey. Both Bain Capital, through its various funds, and Altor Fund III, invest in companies active in a variety of industries. EWOS produces and supplies fish feed and nutrition for farmed fish, primarily for salmon and trout. Both Bain Capital and Altor Fund III own companies active in the supply of lysine and tapioca starch which are used as inputs in many different products, including fish feed. The Commission concluded that the proposed acquisition, which was notified on 2 September, would not raise competition concerns given the moderate market shares of the parties in the lysine and tapioca starch markets and the presence of alternative customers which use lysine and tapioca starch as inputs. The transaction was examined under the normal merger review procedure. (FG/transl.fl)

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