UK: Watchdog opens case on ABF's Dorset Cereals buy
The CMA has invited comment from interested parties on ABF's proposed acquisition of Dorset Cereals
The UK's competition watchdog is investigating Associated British Foods' planned acquisition of Dorset Cereals.
The Competition and Markets Authority has issued an invitation to comment on the proposed deal.
ABF, the owner of muesli brand Jordans, announced in June it had struck an agreement to buy Dorset Cereals from Wellness Foods.
The CMA said it was considering whether the transaction has "resulted in the creation of a relevant merger situation ... and has resulted, or may be expected to result, in a substantial lessening of competition" in the sector.
When contacted by just-food today (11 August), ABF declined to comment specifically on the CMA's investigation. A spokesperson referred just-food to ABF's announcement when it confirmed the deal in June.
Interested parties have until 21 August to comment. At that stage, the CMA will then decide whether to launch a full merger inquiry.
This week's rundown of the latest financial results include a profit warning from TreeHouse Foods, an increase to profit forecasts at Post Holdings and a clutch of Japanese companies reporting their f...
Associated British Foods-owned bread brand Kingsmill is set to return to Tesco shelves, after the UK's largest retailer delisted the brand in March....
- Rise of prepared foods in US grocers - analysis
- How are brands organising for e-commerce?
- Hershey results, outlook, M&A - the top takeaways
- Free-from firm BFree Foods - bitesize interview
- More M&A likely at McCormick - editor's viewpoint
- Hain Celestial eyes disposals, forms venture unit
- Kellogg launches Special K breakfast quiches
- Dole faces DoJ probe over listeria outbreak
- Amplify Snack Brands acquires Boundless Nutrition
- Murray Goulburn accused of "misleading" the market