06/01/2014 (Agence Europe) - Mergers: DLG/team AG. On 6 January, the European Commission gave the go-ahead for the acquisition of a controlling stake in team AG of Germany by DLG a.m.b.a. of Denmark. The rest of the company's shareholding is fragmented and stakes are mainly held by numerous private individuals. Team is active in in the energy and building materials sector. DLG buys and sells grain, feed, fertiliser, crop protection, premix, minerals, etc. to farmers and agricultural companies. DLG is also active in the energy and building materials sector. The Commission concluded that the proposed acquisition, notified on 25 November 2013, would not raise competition concerns, because the overlaps between the parties, activities in the markets concerned are limited. The transaction was examined under the simplified merger review procedure. (FG/transl.fl)