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EC Statement: Mergers - Commission clears proposed acquisition of GBI UK by Lesaffre, subject to conditions

( July 11, 2008, 15:00 GMT | Official Statement) -- ****************************************The European Commission has approved, under the EU Merger Regulation, the proposed acquisition of GBI UK - GB Ingredients Ltd and BFP Wholesale Ltd -engaged in the yeast business and owned by Gilde B.V, by the French yeast manufacturer Compagnie des Levures Lesaffre. The Commission's decision is conditional upon Lesaffre's commitment to divest GBI's yeast production facility in Felixstowe, UK....

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