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Image header Agence Europe
Europe Daily Bulletin No. 11156
Contents Publication in full By article 26 / 26
ECONOMY - FINANCE - BUSINESS / (ae) competition

Ferrero-Oltan merger approved

Brussels, 16/09/2014 (Agence Europe) - On 12 September, the European Commission gave the green light to the proposed acquisition of the hazelnuts trading company Oltan by Ferrero International S.A, of Luxembourg. Ferrero is a rival of Oltan through the Stelliferi group, and also one of its customers for the supply of hazelnuts. The Commission noted that the operation would give rise to the world's largest supplier of hazelnuts, which will hold a significant market position for hazelnuts...

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