The UK Competition and Markets Authority has cleared Pork Farms's takeover of Kerry Group's chilled savoury pastry business.
Pork Farms and Kerry both manufacture and supply branded and own-label products to supermarkets, convenience stores and wholesalers in the UK.
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The Competition and Markets Authority launched an in-depth investigation into Pork Farms' move to buy the Scotch egg-to-sausage roll business in January over fears the deal could hit competition in a sector worth GBP1bn a year.
The CMA said yesterday (3 June) it had concluded the merger has not resulted and is not expected to result in a substantial lessening of competition in the hot and cold pies and pasties market.
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