German dairy co-ops Nordmilch and Humana Milchindustrie have formally applied for anti-trust clearance of their plans to merge.
The two co-ops have been partners in a whey processing venture since 2006 and last year, they combined their sales divisions.
Go deeper with GlobalData
Nordmilch sees a deeper merger as vital for the businesses as they look to compete in a wider European dairy sector that has seen waves of M&A activity in recent years.
A spokesman for the Bundeskartellamt said the competition watchdog would look into the proposed deal and decide by 11 October whether to clear the deal or start a more in-depth investigation.
See Also:
As well as awaiting regulatory clearance, farmer-members will vote on the merger plans at extraordinary meetings that had been slated for later this year.
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
Officials at Nordmilch could not be reached for further comment.
