Sector News

Merger of Ardo and Dujardin Foods approved by competition authorities

September 11, 2014
Food & Drink
The merger of Ardo and Dujardin Foods has been approved by the competition authorities in all of the countries where the two companies are active. No restrictions or conditions have been placed on the merger.
 
Due to the legal and financial steps that still need to be completed, the official merger will not take place until 31 December 2014.
 
On the completion of the merger, the group will operate with a board of directors consisting of seven family shareholders. In addition, two to three independent non-executive directors will be appointed. Philippe Haspeslagh will chair the board.
 
Source: Ardo

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