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Harry-Brot’s Glockenbrot acquisition wins German approval

( April 15, 2025, 10:27 GMT | Official Statement) -- MLex Summary: German bakery products supplier Harry-Brot has received approval for its plan to acquire Grossbäckerei Bergkirchen from its rival Glockenbrot, the national competition authority said today. The plan also involves the creation of two joint ventures with food-retail group Rewe, which owns Glockenbrot. The watchdog said that despite the deal boosting Harry-Brot's leading position in the market, it had no significant concerns that would have justified a prohibition, finding that the food-retail sector would have sufficient alternatives. But the office said it would keep an eye on the competitive effects of the planned cooperation between Harry-Brot and Rewe.Statement follows (in German). ...

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