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22.12.2024 | 🇧🇪 Belgian competition authority
On December 23, 2024, the Belgian Competition Authority (BCA) announced its approval of the merger between Group Gijbels and Group Remy. This merger will result in the formation of a new holding company called Fresh Horizon NV.
The merger was officially notified to the BCA on December 12, 2024, and the parties involved requested the application of a simplified procedure for the review. Group Remy, which includes JR Logistics and its subsidiaries, is engaged in the import, wholesale, packaging, and distribution of fresh fruit and vegetables. Meanwhile, Group Gijbels operates similarly in the same sector.
Both groups primarily supply a diverse range of fruits and vegetables to supermarkets and wholesalers across Belgium. Notably, Group Remy focuses its operations in Wallonia, while Group Gijbels is more active in Flanders. The BCA concluded that the merger meets the criteria for the simplified procedure and raised no objections to the concentration.
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