Kerry Group, the Irish food company, is to appeal against the Irish Competition Authority’s decision to block its acquisition of Breeo Foods from Reox Holdings.
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Last month, the Irish competition watchdog found that the proposed transaction would substantially lessen competition in the markets for the production of rashers, non-poultry cooked meats and processed cheese.
In a statement released today (29 September), Kerry said that it has filed a Notice of Appeal in the High Court against the ruling.
The company was unavailable for further comment as just-food went to press.
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