The European Commission has approved under the EU Merger Regulation the acquisition of Nutreco by SHV, both of the Netherlands.
Nutreco is active in the production, sale and distribution of nutritional products for fish and livestock animals, under brands such as Trouw and Skretting. SHV operates worldwide in energy distribution (SHV Energy), cash-and-carry wholesale (through Makro stores in South America), heavy lifting and transport activities (Mammoet), mechanical engineering components and industrial services (ERIKS), oil and gas (Dyas), and private equity (NPM Capital).
The Commission concluded that the proposed acquisition would not raise competition concerns because the activities of SHV and Nutreco do not overlap. The transaction was examined under the simplified merger review procedure.
Monday December 22, 2014/ EC/ European Union.