Romania’s Competition Council to assess takeover of Betty Ice SRL by Unilever

Georgeta Gheorghe 16/04/2018 | 10:26

The takeover of Betty Ice SRL, the biggest local ice cream maker, by Unilever is subject to an assessment by the Romanian Competition Council. 

According to a statement released by the Competition Council, the body will analyse this economic transaction to establish whether the transaction is compatible with a normal competition environment and will release a decision within the legal term.

The competition council is interested in obtaining observations and opinions from third party companies, regarding the way in which the economic concentration that is about to be created impacts or can impact competition on the market.

Observations and opinions can be sent to the Competition Council within ten days from the announcement.

Betty Ice has as its main activity the production and distribution of industrial ice cream and the distribution of frozen foods, such as fruit, vegetables and meat.

The British-Dutch consumer goods giant produces food, beverages, cleaning agents and personal care products, among other products.

BR Magazine | Latest Issue

Download PDF: Business Review Magazine June 2024 Issue

The June 2024 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “VTEX secures landmark partnership with major German retailer”. To
Georgeta Gheorghe | 06/06/2024 | 16:28
Advertisement Advertisement
Close ×

We use cookies for keeping our website reliable and secure, personalising content and ads, providing social media features and to analyse how our website is used.

Accept & continue