On Thursday 18 December, the European Commission approved the acquisition of Délifrance of France by the Belgian group Vandemoortele, both manufacturers of frozen bakery products (croissants, pains au chocolat, etc.). This took place under EU Merger Regulation 139/2004 and was subject to commitments made by both companies.
To address concerns about maintaining sufficient competition in certain retail market segments in France and Italy, the companies have proposed the complete divestment...