Meggle may take over Rücker and Ostsee-Molkerei
Federal Cartel Office approves project
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The Bundeskartellamt has cleared the plan by Meggle Holding SE (Meggle) to acquire sole control and 100 percent of the shares in Rücker GmbH, Aurich (Rücker), and Ostsee-Molkerei Wismar GmbH, Wismar (OMW).
Andreas Mundt, President of the Bundeskartellamt: "We took a very close look at the transaction, as there is an overlap between the companies involved in the production of cream, cheese, butter and milk powder. However, our investigations have shown that the market shares in the overlapping areas do not reach problematic levels and that there is still sufficient competition. There are certainly no overlaps in the area of raw milk collection, as the companies involved source their raw milk from different regions of Germany."
Meggle produces butter, butter specialties, filled baked goods for bulk and end consumers, hard and semi-hard cheese, fresh milk products and milk powder. The brand is best known for its herb butter, but there is no overlap here as Rücker and OMW do not produce and sell butter with additives.
Rücker and OMW primarily produce cheese and butter, cream and milk powder as well as vegan cheese alternatives.
The products of the companies involved are sold to food retailers, hotels and restaurants as well as to industry for further processing, whereby they are partly complementary.
During its investigations, the Bundeskartellamt held talks with market participants on the dairy products butter with and without additives, cream, cheese and milk powder, among others. As a result, no competition problems were identified. There are also no competition concerns from a vertical perspective due to the small shares of the companies.
Note: This article has been translated using a computer system without human intervention. LUMITOS offers these automatic translations to present a wider range of current news. Since this article has been translated with automatic translation, it is possible that it contains errors in vocabulary, syntax or grammar. The original article in German can be found here.
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