European Commission Approves Moy Park, JBS Acquisition

23 September 2015, at 12:00am

UK - The European Commission has approved the acquisition of Moy Park by JBS.

JBS is a meat producer with activities in various countries.

Moy Park is a supplier of fresh and processed poultry meat active particularly in the United Kingdom and Ireland.

The Commission concluded that the proposed acquisition would raise no competition concerns because of the parties’ limited market shares and the small market share increments brought by the transaction.

Numerous alternative suppliers will also continue to be active in the markets concerned by the transaction.

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