European Commission Clears FrieslandCampina and Milcobel Merger
Table of Contents
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.