Vandemoortele Proposes Sale of UK Plant to Address Regulatory Concerns Over Délifrance Acquisition
Belgian bakery group Vandemoortele has proposed selling its Worcester, UK plant as a remedy for regulatory concerns raised by the Competition and Markets Authority (CMA) regarding its acquisition of French peer Délifrance. The CMA is evaluating whether this structural solution will address potential anti-competitive effects in the frozen laminated dough market.
Topics: acquisition competition authority divestiture merger