The European Commission has cleared, under the EU Merger Regulation, the proposed acquisition of sole control of Wrigley by Mars. The EU concluded that the proposed transaction would not significantly impede effective competition in the European Economic Area (EEA) or any substantial part of it. In April this year Wrigley, the world leading gum maker, agreed to the takeover by Mars Inc., with Wrigley to become a subsidiary of Mars. Mars, a US-based family-owned company is a global leader in confectionery,... ...Read more »

The European Commission has created a high level group to address issues of competitiveness, innovation and safety in the food and beverage industries. The plan is to counter the current issues undermining the agro-food industry and generate a list of recommendations to improve competitiveness. The Confederation of the Food and Drink Industries of the EU (CIAA) has welcomed the launch of the ‘High Level Group (HLG) on the Competitiveness of the Agro-Food Industry’ and believes it will... ...Read more »