The European Commission approved on Monday proposed acquisition of Atlanta, a German fruit and vegetable importer and wholesaler, by De Weide Blik N.V. of Belgium.
The Commission, the European Union (EU)'s antitrust watchdog, said in a statement that the transaction would not significantly impede effective competition in the EU.
De Weide Blik is controlled by CVC Capital Group, a private equity firm. It is active in the production, import, export, packaging, handling and logistics of fresh fruit, vegetables, flowers, flower bulbs, plants and convenience meals. Its main activities are concentrated in the Benelux region and Germany.
Atlanta is active in the import, export, packing, handling and distribution of fresh fruit and vegetables and in banana ripening services. Atlanta is controlled by Chiquita Brands International.
Source: Xinhua
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