M/23/027 – European Bakery Group / Panelto Foods
Transaction details
The proposed acquisition by UK&I Bakery Group Limited, a wholly owned subsidiary of European Bakery Group B.V., of the entire issued share capital, and thus sole control, of Panelto Foods Unlimited Company, has been cleared by the Competition and Consumer Protection Commission.
| Notification date | Decision date |
|---|---|
| Thursday July 6, 2023 | Tuesday, August 15, 2023 |
| Parties Involved | Business activities |
|---|---|
| European Bakery Group B.V. | European Bakery Group B.V. is a pan-European bakery platform, headquartered in the Netherlands. European Bakery Group B.V. comprises of the brands Dutch Bakery and coolback. Dutch Bakery is based in the Netherlands and specialises in home-bake-off bread and snack products. coolback is an industrial bakery group, based in Germany. European Bakery Group B.V. does not operate any bakeries in Ireland. |
| Panelto Foods Unlimited Company | Panelto Foods Unlimited Company is an Irish-headquartered manufacturer of artisan-style frozen par-baked bread, servicing major retail customers in the UK and Ireland. Panelto Foods Unlimited Company's range of frozen artisan breads include pre-packed sandwich bread and rolls; bake-off sandwich bread and rolls; bake-off loaves; and bake-off baguettes. |
| Economic sector | Media merger |
|---|---|
| Retail and Wholesale Grocery | No |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Tuesday, July 25, 2023 | |
| Current status: Completed |
|---|
| Cleared (Phase 1) |
| Authorised Officer Assigned | Contact Details |
|---|---|
| Iseult O'Kelly | E-mail: iseultokelly@ccpc.ie |
Media enquiries: communications@ccpc.ie
Haven’t found what you’re looking for?
Competition and Consumer Protection Commission
PO Box 12585, Dublin 1, D01 C576
Tel +353 (0)1 402 5500
Consumer helpline 01 402 5555