CROP MARKET : COMMISSION APPROVES ACQUISITION OF BELCHIM BY MITSUI

13 February 2021

The European Commission announced, on Thursday, that they decided to conditionally approve the acquisition of Belchim[1] by (Certis Netherlands) Mitsui[2] under Article 6(2) of the EU Merger Regulation.

The Commitments offered by Mitsui to address the Commission's competition concerns are as follows :

  • To transfer the Mitsui distribution agreement and customer relationships for its potato PGRs in one or two packages (one for Germany and Poland and the other for the Nordic countries) to one or two remedy takers. If Mitsui cannot transfer both packages within a certain timeframe, it has offered to transfer instead the Belchim distribution agreement and customer relationships for its PGR product under the same terms.
  • To transfer to a remedy taker the Belchim distribution agreement and other relevant data and agreements for its paraffinic oils for virus control in seed potatoes and flower bulbs in the Netherlands.

You can reach the announcement here.

Should you have any queries and/or remarks, please do not hesitate to contact us. 

Kind regards,

Zumbul Attorneys-at-Law

info@zumbul.av.tr


[1] Belchim Crop Protection is a Belgian manufacturer/supplier to the European crop protection market. For more information : https://de.wikipedia.org/wiki/Belchim

[2] Mitsui Group (三井グループ, Mitsui Gurūpu) is one of the largest keiretsu in Japan and one of the largest corporate groups in the world. For more information : https://en.wikipedia.org/wiki/Mitsui