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The Zur Mühlen Group and the Asset Group are active in meat processing in Germany and Poland. Currently, these undertakings are controlled by Clemens Tönnies and his son Maximilian Tönnies. With the transaction, both undertakings will be integrated into the Tönnies Family Holding, which is a meat industry business, primarily active in Germany and other European countries.
The Commission concluded that the proposed change of control would raise no competition concerns given that the companies' activities have limited market shares in vertically related markets and only minimal direct overlaps. The transaction was examined under the simplified merger review procedure.
More information is available on the Commission's competition website, in the public case register under the case number M.8510.
Wednesday June 28, 2017/ EC/ European Union.
http://europa.eu/rapid
