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EU clears Selecta's purchase of Dutch Pelican Rouge
August 25, 2017 / 1:47 PM / a month ago

EU clears Selecta's purchase of Dutch Pelican Rouge

BRUSSELS, Aug 25 (Reuters) - EU antitrust regulators cleared Swiss vending services provider Selecta’s proposed acquisition of Dutch peer Pelican Rouge, subject to the divestment of all Selecta’s vending service activities in Finland.

The Commission said in a statement on Friday that it had found overlaps between the two businesses in Belgium, Finland, France, Ireland, the Netherlands, Spain, Norway and the United Kingdom.

However, with the exception of Finland, it found that the proposed acquisition would not have anti-competitive effects.

Selecta is controlled by private equity firm KKR. (Reporting By Philip Blenkinsop, editing by Julia Fioretti)

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