Business · Companies · 13 hrs ago
Dutch watchdog blocks Zwanenberg’s planned Unox takeover
The Dutch competition regulator, the ACM, blocked Zwanenberg Food Group’s planned Unox takeover.
Zwanenberg wanted to buy Unox from Unilever, but the ACM said the deal would give the company too much market power.
Zwanenberg is a major maker of smoked and frankfurter sausages, producing 11,000 smoked sausages an hour in Oss.
The company is also known for making Hema’s smoked sausage, though many people in the Netherlands do not know its name.
The proposed deal would have brought Unox and Zwanenberg under one company, changing the balance in the sausage market.
The reported information does not say what either company will do next.
The Dutch competition watchdog ACM recently blocked Zwanenberg Food Group’s planned takeover of Unox.
The ACM said the acquisition would give Zwanenberg too much market power.
Zwanenberg wanted to buy Unox from Unilever.
Zwanenberg makes smoked and frankfurter sausages, including Hema’s smoked sausage.
Its factory in Oss produces 11,000 smoked sausages per hour.
- Who
- Zwanenberg Food Group planned to buy Unox from Unilever; the ACM blocked the deal.
- What
- The ACM prohibited the planned takeover, saying it would give Zwanenberg too much market power.
- When
- The ACM blocked the deal recently; the exact date is not stated.
- Where
- The Netherlands. Zwanenberg’s factory is in Oss.
- Why
- The ACM said the takeover would give Zwanenberg too much market power.
Zwanenberg Food Group
ACM
Takeover
Zwanenberg Food Group
Zwanenberg wanted to acquire Unox from Unilever.
ACM
The ACM prohibited the takeover.
Market power
Zwanenberg Food Group
Not stated.
ACM
The ACM said the deal would give Zwanenberg too much market power.
Zwanenberg planned to buy Unox from Unilever.
The ACM prohibited the takeover, saying it would give Zwanenberg too much market power.
- Buyer
- Zwanenberg Food Group
- Target
- Unox
- Seller
- Unilever
- Watchdog
- ACM
- Factory location
- Oss, Netherlands
- Production rate
- 11,000 smoked sausages per hour