February 12 (SeeNews) - Romania's competition authority said on Wednesday that it will analyse the recent takeover of Romanian food group Sam Mills Business Investment Holding by Denmark's Givesco.
In order to determine if the concentration is compatible with a normal competitive environment, the competition authority will consider the notified transaction under the merger regulation, the Competition Council said in a statement.
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Sam Mills Investment Holding is an international food company founded in 1994 in Satu Mare, specialised in the processing of grains as well as in bakery products, vegetable oil and pasta production. The company is structured into three branches - milling company Sam Mills pasta and vegetable oil distribution company Arpis and trading company Sam Trade.
Givesco A/S was founded in 1980 as a family business active in the food industry as well as in renting and leasing of commercial vehicles and car parts manufacturing.