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.
Case details
- Notification date:5 July 2023
- Publication date:5 July 2023
- Economic sector:Accommodation & food service - I
- Economic sub-sector:Food & beverage services - I.56
- Outcome:Cleared
Timetable
Parties Involved
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.
Contacts
Iseult O'Kelly iseultokelly@ccpc.ie
