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German Competition Authority: Case Summary - Merger between Nordzucker AG, Braunschweig, and Danisco Sugar A/S, Copenhagen, Denmark

( April 21, 2009, 09:14 GMT | Official Statement) -- Extract: The Bundeskartellamt has cleared the acquisition of the sugar business of the Danish company Danisco by Nordzucker AG (“Nordzucker“) under the condition that Danisco’s production plant in Northern Germany (Anklam/Mecklenburg-Western Pomerania) is sold to a suitable purchaser before the acquisition is realized.The Bundeskartellamt has cleared the acquisition of the sugar business of the Danish company Danisco by Nordzucker AG (“Nordzucker“) under the condition that Danisco’s production plant in Northern Germany (Anklam/Mecklenburg-Western Pomerania) is sold to a suitable purchaser before the acquisition is realized. The purchaser proposed by the parties, the Dutch sugar producer Royal Cosun (“Cosun”), has been accepted by the Bundeskartellamt. Consequently, Cosun will operate the sugar production plant in Anklam in the future....

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