The assets taken over are related to the soybean product business carried out in Romania by Dr. Oetker under the brand Inedit.
Dr Oetker is a company whose main activity is the specialised wholesale of other foods, including fish, shellfish and molluscs.
The New Originals Company GmbH is a member of Raiffeisen investment holding company, which is present on the Romanian market through investments in companies active in financial markets, in various fields of industrial production, energy, IT and distribution of consumer products. In the soybean market, Raiffeisen is present through sales generated by the Slovak producer Alfa Bio s.r.o.
In accordance with the provisions of Competition Law no. 21/1996, this operation must be authorised by the Competition Council, which will assess it in order to establish its compatibility with a normal competitive environment and will issue a decision within the time limits provided by the law.