The European Commission has approved the proposed joint venture between German retailer Rewe and Swiss grocer Coop.

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The JV, transGourmet Holding, will sell consumer goods wholesale in Europe. Each company will take a 50% stake in transGourmet, which Rewe claimed would be the second-largest cash-and-carry and foodservice company in Europe.


The operation, which was cleared under the EU’s simplified merger review procedure, will not lessen competition in the market, a spokesperson for the Commission confirmed today (22 December).


The joint venture was originally announced in October.

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