The European Commission has approved, under the EU Merger Regulation, the acquisition of European and Thai Businesses of BRF, of Brazil, by Tyson Foods, of the USA. BRF’s European and Thai businesses are active throughout the poultry supply chain in Thailand, and import into and further process poultry meat in the European Economic Area.
Tyson Foods is a multinational food company, which primarily operates in beef, pork, chicken, and prepared foods.
The Commission concluded that the proposed acquisition would raise no competition concerns, because the overlaps were limited and, after the transaction, a number of players would remain in the market. The transaction was examined under the simplified merger review procedure.