French dairy giant Lactalis has won competition approval for its acquisition of Spanish infant nutrition business Sanutri.
A spokesman for Spain’s competition watchdog, the CNC, today (3 November) confirmed that the deal had been cleared.
“From our point of view, there is no problem from a competition perspective,” the spokesman told just-food.
Lactalis announced its plan to buy Sanutri earlier this summer after agreeing a deal with the Spanish firm’s owner, French health food group Nutrition & Sante, itself owned by Japanese firm Otsuka Pharmaceutical.
Sanutri makes a range of baby milk and baby cereal products.
See Also:
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