COMPETITION COMMISSION CLEARS HOLLAND AND BARRETT/JULIAN GRAVES MERGER
The Competition Commission (CC) has formally cleared the completed acquisition of Julian Graves Limited by Holland and Barrett (which is owned by NBTY Europe Limited).
In its final report published today the CC has concluded that the merger would not result in a substantial lessening of competition within the market for the supply of nuts, seeds and dried fruit in the UK, or any local market in the UK. This confirms the conclusions of the provisional findings report, which was published on 22 July 2009.
Julian Graves is a large independent specialist food and ingredients retailer, with over 350 stores in the UK, whilst Holland and Barrett is the UK’s leading specialist retailer of health products, with over 500 stores across the country. Prior to the merger, both companies were competing in the sale of nuts, seeds and dried fruit.
In the UK as well as the world, we live in interesting times. The global economy is in tatters, there is war all over the place and not content with killing and maiming each other, we're also destroying the environment we live in. In the UK we have a failing government and one could go far enough to say a failing political system. There is a lot going on that makes the blood boil. News Rage is a state of angry mind coupled with the actual venting of that anger which manifests itself in the publication of interesting and hopefully entertaining but highly critical articles about something that has been reported in the news within the last 24 hours.
I really hope you enjoy this blog and if you think there is anything I can do to improve things or if you are interested in contributing to News Rage UK, please send an email to email@example.com .