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The European Commission has approved the acquisition of Ambrosi by Lactalis, allowing Lactalis to gain sole control over Ambrosi. The merger, notified on April 19, 2023, involves the purchase of shares and has an EU dimension due to the combined turnover exceeding EUR 5 billion. Both companies are active in the dairy sector, particularly in the production and supply of Italian cheeses, with the concentration expected to have limited impact on competition in the market.
- Author
- aditya bhatia
- Language
- EN