Brussels, 14 May 2024
The European Commission has approved, under the EU Merger Regulation, the creation of a joint venture by Baywa Global Produce GmbH (‘Baywa’) of Germany and Nufri Sociedad Agraria de Transformación (‘Nufri’) of Spain.
The transaction relates primarily to the production, marketing and commercialisation of berries in the European Economic Area.
The Commission concluded that the notified transaction would not raise competition concerns, given that the joint venture has negligible activities in the European Economic Area and the companies’ limited combined market position resulting from the proposed transaction. The notified transaction was examined under the simplified merger review procedure.
More information is available on the Commission’s competition website, in the public case register under the case number M.11492.