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FrieslandCampina Gets Approval to Buy Imlek, Mlekara Subotica

Serbia’s competition regulator approved the purchase of two dairies, including the country’s biggest Imlek AD (IMLK), by Royal FrieslandCampina NV.

The debt-financed takeover from Salford Capital Partners Inc.’s Danube Foods Group BV, was announced on Feb. 2 and Serbia’s Commission for Protection of Competition said on its website it approves the acquisition of “at least” 81.68 percent of Imlek and 81.76 percent of Mlekara Subotica.

To contact the reporter on this story: Misha Savic in Belgrade at msavic2@bloomberg.net

To contact the editor responsible for this story: James M. Gomez at jagomez@bloomberg.net

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