M/15/058 – Fane Valley / Lakeland
Transaction details
The proposed acquisition of sole control of the agri business assets of Lakeland Dairies Cooperative Society Limited (“Lakeland”) by Fane Valley Cooperative Society Limited (“Fane Valley”), has been cleared by the Competition and Consumer Protection Commission.
| Notification date | Decision date |
|---|---|
| Friday October 16, 2015 | Friday, November 27, 2015 |
| Parties Involved | Business activities |
|---|---|
| Fane Valley Cooperative Society Limited | Fane Valley is a farmer-owned co-operative established in 1903. Fane Valley has five business divisions: Fane Valley Dairies, Fane Valley Feeds, Fane Valley Stores, Fane Valley Red Meat Division and Fane Valley Food Division. |
| Lakeland Dairies Cooperative Society Limited | Lakeland is a farmer-owned dairy processing co-operative. Lakeland has three business divisions: Food Service, Food Ingredients and Agribusiness. |
| Economic sector | Media merger |
|---|---|
| The industry sector involved is the agri business sector and, more particularly, the sale of animal feed and fertilisers to farmers. | No |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Tuesday, November 3, 2015 | |
| Current status: Completed |
|---|
| Cleared (Phase 1) |
| Authorised Officer Assigned | Contact Details |
|---|---|
| Cormac Keating | Tel: 01-470 3653, e-mail: cormackeating@ccpc.ie |
Media enquiries: MKC Communications: 01 7038600
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