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Item Details
| Title:
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KERRY FOODS LIMITED/HEADLAND FOODS LIMITED
A REPORT ON THE COMPLETED ACQUISITION BY KERRY FOODS LIMITED OF THE FROZEN READY MEALS BUSINESS OF HEADLAND FOODS LIMITED |
| By: |
Great Britain: Competition Commission, Laura L. Carstensen |
| Format: |
Paperback |
| List price:
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£30.00 |
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| ISBN 10: |
0117081620 |
| ISBN 13: |
9780117081628 |
| Publisher: |
TSO |
| Pub. date: |
26 October, 2012 |
| Pages: |
97 |
| Synopsis: |
In this report the Competition Commission (CC) has formally cleared the completed acquisition of Headland Foods Limited's (Headland's) frozen ready meals business by Kerry Foods Limited (Kerry). This confirms the provisional findings which were published in October. Before the merger in January 2011, Headland and Kerry were the two largest suppliers of frozen ready meals to UK retail customers such as supermarkets. The two companies overlapped in the supply of both retailer own-label frozen ready meals and contract-packed frozen ready meals, where the product is then sold under a third party brand name. The CC has concluded that several customers have successfully found alternative suppliers since the merger in response to proposed price rises from Kerry/Headland-and at prices similar to those they had been paying prior to switching. The CC has therefore concluded that the existing and potential alternatives offered by other suppliers will ensure that the merger does not lead to a substantial lessening of competition (SLC) and that customers are unlikely to suffer from significantly higher prices or reduced choice as a result of the acquisition. |
| Illustrations: |
col. figs, tables |
| Publication: |
UK |
| Imprint: |
TSO |
| Returns: |
Non-returnable |
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