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U.K.: OFT considers divestment remedy in vinegars merger

By  |  September 26, 2012

The OFT is considering undertakings offered by Nakano (part of the Japanese Mizkan Group Corporation) to divest its production plant in Burntwood, Staffordshire, to address the competition concerns arising from its completed acquisition of the vinegar and pickles businesses of Premier Foods Group Limited (Premier). The OFT considered whether European manufacturers of malt and spirit vinegar (as well as manufacturers of alternative products including non-brewed acetic acid) would be capable of exerting a competitive constraint on the merged entity, but the evidence did not show that they necessarily would, due to higher transport costs and other factors.

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