Antitrust authorities established the deal does not raise antitrust issues on the market as Smithfield will become the main pork producer on the local market.
The acquisition was agreed end-September.
Smithfield Romania SA is part of American group Smithfield Foods, Inc which is part of China’s WH Group Limited, the largest pork producer in the world and the largest meat producer in China.
In Romania, Smithfield Foods, Inc. group mainly raises pigs and sells living pigs, but it also produces and sells fresh and semi-processed pork.
Elit and Vericom operate three packaged meats manufacturing units and have five distribution centers in Romania.