EU Approved Joint Venture between Agrana and Ybbstaler

Businessn.a. ♦ Published: April 5, 2012; 13:07 ♦ (Vindobona)

The EU Commission granted Agrana and RWA Raiffeisen Ware Austria the green light for the merger of their fruit juice concentrates subsidiaries.

EU Approved Joint Venture between Agrana and Ybbstaler / Picture: © Vindobona.org

The decision by the EU Commission forms the anti-trust prerequisite for concluding the transaction. The closing is planned for early June 2012.

The newly founded joint venture, Ybbstaler Agrana Juice GmbH, will have its head offices in Kröllendorf|Lower Austria and will have 14 production sites, located in Austria, Denmark, Germany, Hungary, Poland, Romania, the Ukraine and…