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FrieslandCampina Milcobel Merger Approved by European Commission

by Priya Shah – Business Editor

European Commission Clears FrieslandCampina and Milcobel Merger

Published: November 21, 2024

Merger Receives Key Regulatory Approval

Brussels/Amersfoort – The European Commission has given the green light to the proposed merger between ​FrieslandCampina and milcobel, two major players in the European dairy industry.The Commission’s thorough investigation concluded‍ that the merger would not substantially‌ impede competition⁤ within key markets, specifically the trade of cheese and fresh dairy products in the Netherlands, belgium, and France.

This approval represents a meaningful milestone in the merger process, fulfilling a crucial requirement following ⁣notifications to competition ⁣authorities across the globe. A separate report submitted to the European Commission concerning potential foreign subsidies also received a positive assessment.

Next Steps ⁢and Timeline

with the European Commission’s approval secured, FrieslandCampina and Milcobel are now able⁢ to proceed with the remaining preparations for‌ the merger. The final decision regarding the merger will‍ be put ​to ⁢a vote before the Members’ council⁣ of FrieslandCampina and the Extraordinary General Meeting of Milcobel ‍on Tuesday,December 16,2025.

Stakeholder Interaction

Works councils and⁢ trade⁢ unions have been fully informed of the European ‍Commission’s ​decision,ensuring clarity throughout the process.

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