M/10/029 – Kerry / Newmarket Co-operative Creameries
Transaction details
The proposed acquisition of Newmarket Co-operative Creameries Limited by Kerry Creameries Limited has today (5 October 2010) been cleared by the Competition Authority.
| Notification date | Decision date |
|---|---|
| Monday September 6, 2010 | Tuesday, October 5, 2010 |
| Parties Involved | Business activities |
|---|---|
| Newmarket Co-operative Creameries Limited | Newmarket Co-op's core business is the purchase of raw milk from its own milk supplier farmers and from other processors/milk purchasers as the need arises. It uses this raw milk to produce natural cheddar cheese. |
| Kerry Creameries Limited | Kerry Creameries is a subsidiary of Kerry Group. Kerry Group's business activities can be divided into three basic divisions; these are foods, ingredients/flavours and agri-business. |
| Economic sector | Media merger |
|---|---|
| The milk production and processing sectors (cheese and whey in particular), the agri-stores trading sector and the retail sector. | No |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Thursday, September 16, 2010 | |
| Current status: Completed |
|---|
| Cleared (Phase 1) |
| Authorised Officer Assigned | Contact Details |
|---|---|
| Barry O'Donnell | Tel: 01-804 5396, email: bod@tca.ie |
Media enquiries: MKC Communications: 01 7038600
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