Greencore's takeover of private-label food rival Bakkavor has raised competition concerns by the UK watchdog in chilled sauces but not for ready meals and salads. As part of its so-called Phase-one investigation, the Competition and Markets Authority (CMA) said today (27 October) that the merger could lead to a “substantial lessening of competition” in own-label chilled sauces. However, the CMA has found the deal, first revealed in March between Ireland-headquartered Greencore and UK-based Bakkavor, does ...

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