Börsiteade
Luterma
Kategooria
Muu oluline informatsioon
Kuupäev
03.10.2008 13:41:24
Pealkiri
Permission for concentration
Teade
AS Kalev Paide Tootmine received 29.09.2008 a resolution of the director general of the Competition Board dated 26 September 2008 whereby the Competition Board gave permission for concentration of AS Kalev Paide Tootmine and OÜ Põlva Piim Tootmine. AS Kalev Paide Tootmine entered into a contract of sale of shares on 27 August 2008 for acquiring shares in OÜ Põlva Piim Tootmine. One precondition for the entry into force of the contract was obtaining permission from the Competition Board. In granting permission for concentration, the Competition Board was of the position that it is not possible for the participants in the concentration to take part in buying raw milk, or on the markets for sale of refined milk products, butter and butter blends and powders independently of its competitors, buyers and suppliers, as a result of which competition will continue after the concentration as well. The concentration will not create a dominant position for the purposes of the Competition Act either in raw milk supply or in the commercial markets for refined milk products, butter and butter blends or powders. Allan Viirma Head of the legal service AS Kalev 688 6616