FRANCE: Masterfoods, Royal Canin sell assets to Agrolimen
Mars subsidiary Masterfoods and Royal Canin of France have agreed to sell some of their merged pet food activities to Agrolimen of Spain. The move is intended to remove anti-competition obstacles to their merger. The two companies will divest Royal Canin's exclusive pet food brands and two French production facilities. The disposals represent 150,000 tonnes of pet food volumes, valued at some €230m (US$208.4m) in sales.
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