Bel Moves Forward With Double Acquisition

June 2008 | Company News Alert

Czech competition authorities have given clearance for French cheese maker Fromageries Bel Group to move forward with its acquisition of two local cheese manufacturers, Jaromericka Mlekarna and J+R. Bel reached a deal to acquire the two companies in April of this year, but was waiting for the green light from the anti-trust committee, who has now ruled that the acquisition would not create a substantial distortion of competition. The deal will allow Bel to significantly strengthen its foothold in the burgeoning CEE dairy market.

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