Sat. Oct 1st, 2022

Brussels, 12 August 2022

The European Commission has approved, under the EU Merger Regulation, the acquisition of PACCOR Holdings GmbH (‘Paccor’) of Germany by Faerch A/S (‘Faerch’) of Denmark.  Both Faerch and Paccor manufacture and distribute rigid plastic packaging for food in the European Economic Area (‘EEA’). The Commission concluded that the proposed acquisition would raise no competition concerns given the companies’ moderate combined position and the presence of strong competitors in the EEA. The transaction 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.10651. 

Source – EU Commission