EU clears Arla Foods merger with DMK and DOC
Watchdog finds no competition threat in dairy deal
The European Union on Thursday approved Arla Foods' acquisition of Germany's DMK and Dutch cooperative DOC without conditions, saying the deal would not harm competition in the European Economic Area, reported Reuters.
The European Commission said in a statement its investigation found the merger would not significantly reduce competition in raw milk procurement or in the supply of dairy products, including private-label goods sold to retailers across northern Europe.