M/11/021 – IHKG (NISF & Intersnack) /Largo Food
Transaction details
The Competition Authority has cleared the proposed acquisition whereby Pfeifer & Langern Industrie-und Handels-KG (IHKG), through its subsidiaries New Ireland Snack Foods Limited (NISF) and Intersnack International B.V. (Intersnack) would acquire sole control of Largo Food Exports Limited.
| Notification date | Decision date |
|---|---|
| Friday July 15, 2011 | Wednesday, August 3, 2011 |
| Parties Involved | Business activities |
|---|---|
| New Ireland Snack Foods Limited | NISF is ultimately controlled by Pfeifer & Langen Industrie-und Handels-KG. NISF was established for the purposes of acquiring the 11% of the share capital of the Target. |
| Intersnack International B.V. | Intersnack`Group is engaged in the manufacturing, marketing and distribution of snack foods under the Chio, funny-frisch, Pom-Bar and goldfischli brands. |
| Largo Food Exports Limited | Largo Food Exports Limited is engaged in the manufacturing, marketing and distribution of snack foods. |
| Economic sector | Media merger |
|---|---|
| The savoury snack foods sector | No |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Thursday, July 28, 2011 | |
| Current status: Completed |
|---|
| Cleared (Phase 1) |
| Authorised Officer Assigned | Contact Details |
|---|---|
| Elisa Ryan | Tel: 01-804 5446, email: er@tca.ie |
Media enquiries: MKC Communications: 01 7038600
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