Norway’s competition watchdog Konkurransetilsynet has given the go-ahead to the merger of poultry product distributor Cardinal Foods and Den Stolte Hane, part of the dairy group Synnove Finden.
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The authority based its decision on the fact that the merger will create a rival to Prior, which has a 65% share of the Norwegian poultry market, Norwegian reports say.
After the merger Cardinal Foods, which will comprise of Norsk Kylling, Den Stolte Hane and Arne Magnussen, will have a 35% market share.
