French cheese maker Fromageries Bel has got the green light from Czech competition authorities to gain control of local dairies Jaromericka and J + R.
The Czech anti-trust body said the relatively low market share of the two dairies meant there would be “no substantial distortion of competition”.
Bel struck a deal over the two dairies in April. The company agreed to buy 100% of J + R and a 71.5% stake in Jaromericka from private Czech investor Zdenek Palat and his family.
Bel has acquired two manufacturing facilities situated close to the unit it already owns in the southern part of the country.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData