The assets cover mainly a production unit for pet food, located in Hungary, and related equipment, stock and relevant commercial contracts.
Waterland is an independent private equity investment group that controls companies from different industries. The group is active in the production and trade of pet food through the branches United Petfood Group B.V. and United Petfood Romania S.R.L., that owns a production unit for pet food in Romania.
Cargill is a company from Hungary, that has activities in the following areas: grains, oilseed and protein trading and logistics, animal feed formulation, production and distribution, sales of starch and starch derivates for food and industrial applications and sales of texturizers and emulsifiers for food applications.
Following an analysis, the Competition Council found the operation poses no significant obstacles in terms of actual competition on the Romanian market, or on a significant part of it and there is no serious doubt regarding its compatibility with the normal competitive environment.