CCPC to carry out Phase 2 investigation of Aurivo’s proposed acquisition of certain assets of Arrabawn
July 14, 2023
The Competition and Consumer Protection Commission (CCPC) has decided to carry out a full Phase 2 investigation into the proposed acquisition by Aurivo Consumer Foods Limited, a subsidiary of Aurivo Co-operative Society Limited (Aurivo), of certain assets of Arrabawn Co-Operative Society Limited (Arrabawn) (M/23/008).
Aurivo is an agri-business co-operative, whose primary activities are in the sale of dairy ingredients and dairy products such as powders and fresh milk, cream, butter and ready to drink protein shakes. Aurivo is also active in the operation of agri-retail outlets which sell animal feeds, agricultural goods, hardware and other products.
Arrabawn is an agri-business co-operative whose business activities include the sale of dairy products, food ingredients and animal feed products as well as the operation of agricultural retail stores.
The proposed acquisition would see Aurivo acquire specified assets comprising parts of Arrabawn’s business for the supply of branded and unbranded liquid milk, cream and butter products.
Following an extended preliminary investigation, which began in February 2023, the CCPC has determined that a full investigation is required in order to establish if the proposed acquisition could lead to a substantial lessening of competition in the State.
The CCPC will publish its Phase 1 determination no later than 60 working days after the date of the determination and after allowing the parties the opportunity to request that confidential information be removed from the published version.
Any parties who would like to send in submissions are invited to do so via email to mergers@ccpc.ie by 4:30pm on Wednesday 2 August 2023.
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