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Europe Daily Bulletin No. 8391

1 February 2003
Contents Publication in full By article 30 / 50
GENERAL NEWS / (eu) eu/competition
Green light to acquisition of Lesieur by Saipol (edible oils sector)

Brussels, 31/01/2003 (Agence Europe) - The European Commission has authorised Saipo to acquire Lesieur (fully owned by Céréol, part of the Bunge group) and Soprol (Sofiprotéol group). Lesieur refines and markets edible oils while Saipol has a strong upstream presence in the French edible oils industry (pressing, refining). The Commission has concluded that the deal will markedly change the current market situation on account of the fact that Céréol already controls part of Saipol and...

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