The transaction gives Bunge and CM Holding joint control of the terminal, which accounts for about 10% of the Port of Gdynia’s total grain-handling capacity.
The commission approved the vertical merger subject to conditions aimed at preserving competition in the flour market, protecting rival bakeries and limiting merger-related job losses.
Lifting these restrictions marks a shift from a policy focused primarily on domestic supply protection to greater participation in international markets.
The legally binding divestiture package serves as the mandatory structural remedy required to clear Vandemoortele’s acquisition of French frozen bakery peer Délifrance.
If approved, the ingredient would provide manufacturers with another source of vibrant yellow color derived from an edible plant rather than petroleum-based synthetic colorants.