The European Commission has granted clearance under the EU Merger Regulation to the acquisition of joint control of German fastfood firm Nordsee by the UK’s Nomura International and private investor Heiner Kamps, and TML-Invest of Switzerland, both through Kamps Food Retail Investments of Luxembourg, a vehicle company established for this transaction.
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Nomura is a wholly-owned subsidiary of the Nomura Group, an international investment bank based in Japan. TML belongs to the Müller Group, a German company active mainly in the production and distribution of fresh dairy products and fruit preparations.
Nordsee operates fastfood restaurants and seafood retail outlets in Germany, Austria and Switzerland. It is also active in the seafood wholesale business in Austria and recently opened outlets in the Czech Republic and Slovenia. The operation was examined under the simplified merger review procedure.
