EU - The European Commission has approved the acquisition by joint control over the French company Labeyrie Fine Foods by the French private equity company PAI Partners and the farming cooperative Lur Berri.
Labeyrie Fine Foods, a manufacturer of high grade delicatessen products including foie gras and caviar, is currently jointly controlled by Lur Berri and another financial investor.
The Commission concluded that the proposed acquisition would not raise competition concerns, in particular because the activities of the portfolio companies of PAI Partners do not overlap significantly with the activities of Labeyrie Fine Foods.
The deal was examined under the normal merger review procedure. More information is available on the Commission's competition website, in the public case register under the case number M.7281 .
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