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Lamb Weston/Meijer’s Austrian Acquisition Approved

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Lamb Weston/Meijer’s Austrian Acquisition Approved

Lamb Weston/Meijer’s Austrian Acquisition Approved
October 28
10:41 2010

The European Commission has cleared the proposed acquisition of a 74% controlling stake in Frisch & Frost (F&F), a producer of frozen and chilled products in Austria, by Dutch company Lamb Weston/Meijer. Currently, F&F is solely owned by Austrian company RWA International Holding, an international trading and services organisation that sells agricultural products and commodities as well as consumer products mainly in Austria, Hungary, Germany, Slovakia, Slovenia and the Czech Republic. The Commission has concluded that the transaction would not significantly impede effective competition in the European Economic Area (EEA) or any substantial part of it.

F&F produces and sells frozen and chilled products, notably deep-frozen potato and dough products. It supplies the food service sector, fast food chains and the retail sector in Austria and has a limited presence in some Member States in Central and South-Eastern Europe.

Lamb Weston/Meijer produces and sells deep-frozen potato products and dehydrated potato products (potato flakes) and sells deep-frozen appetizers. LWM serves customers in the food service sector, fast food chains and the retail sector and is mainly active in The Netherlands, France, Germany, the United Kingdom, Spain and Italy.

The Commission examined the competitive effects of the proposed merger in the market for deep-frozen potato products, where LWM and F&F have overlapping activities in the supply of the retail sector and the food service sector. The Commission’s market investigation indicated that post-merger the market for the supply of deep-frozen potatoes would remain competitive as the overlaps between the parties’ activities are limited (since the activities of LWM and F&F are mainly focused in different geographic areas) and due to the presence of a number of alternative, well-established suppliers in the EEA.

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