Business · Companies · 2 hrs ago

Dutch regulator blocks Zwanenberg’s planned purchase of Unox

Dutch regulator blocks Zwanenberg’s planned purchase of Unox

The Dutch competition authority blocked Zwanenberg’s planned purchase of Unox, a food brand owned by Unilever.

Zwanenberg makes sausages and soups, and the deal would have expanded its position in Dutch supermarkets.

The regulator says the combined company could become almost the only major seller of smoked and frankfurter sausages and gain a monopoly in shelf-stable soups.

It fears that less competition could mean higher prices for supermarkets and their customers.

Several supermarkets raised concerns about possible price increases during the regulator’s investigation.

Zwanenberg is considering an appeal, while Unox says it will decide on its next steps.

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What people are saying

Martijn SnoepACM board chairman
This is undesirable, especially at a time when there are already concerns about higher food prices
via NOS
UnileverUnox owner
to determine our next steps
via NOS