Vandemoortele's Délifrance Acquisition Faces UK Competition Scrutiny
The UK's Competition and Markets Authority (CMA) has initiated a Phase 2 investigation into Vandemoortele's acquisition of Délifrance due to unresolved competition concerns. Despite Vandemoortele's commitment to sell two plants in France, no buyer has been identified, prompting the CMA to question the deal's impact on market competition in the UK frozen viennoiserie sector.
Topics: acquisition competition law merger regulatory approval UK CMA