EU antitrust watchdog, the European Commission, yesterday approved the acquisition of German fruit and vegetable importer and wholesaler Atlanta by De Weide Blik NV, of Belgium.
The Commission said in a statement that the transaction would not significantly impede effective competition in the EU.
De Weide Blik is controlled by CVC Capital Group, a private equity firm. It is active in the production, import, export, packaging, handling and logistics of fresh fruit, vegetables, flowers, flower bulbs, plants and convenience meals. Its main activities are concentrated in the Benelux region and Germany.
Chiquita controlled Atlanta imports, exports, packs, handles and distributes fresh fruit and veg and also operates banana ripening services.
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