Tulip's acquisition of Easey Holdings approved by the competition authorities
Tulip, the leading food company part of the Danish Crown group, announced the acquisition in September of this year and subsequently sought regulatory approval from the CMA.
"This is great news for Tulip, for Easey Holdings, for our customers and our consumers. Tulip is a true champion of the UK pig farming industry while Danish Crown remains absolutely committed to continued inward investment into the UK," Andrew Saunders, Agriculture Director at Tulip Ltd’s farming division, Tulip Agriculture, said.
The move is part of the company's efforts to "Brexit-proof" the business and to support the development of open-air pork production in the UK.
The company added that the acquisition of Easy-Holdings represents an investment in British farming and also an inward commitment to the UK by Tulip Ltd’s parent company Danish Crown - a cooperative owned by 7,600 Danish member farmers - thus further reinforcing the organization’s commitment to global farming, according to a press release.
Easey Holdings Ltd is a family-owned pig farming operation consisting of four key businesses - breeding herds (sows), growing herds, a veterinary practice and a livestock transport business. The acquisition represents an investment in British farming and inward commitment to the UK by Tulip Ltd’s parent company Danish Crown.
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