While Dawn has verified that the process of notifying the CCPC has indeed started, the CCPC has since confirmed that no formal notification of the deal has been received.
In a statement to the Irish Farmers Journal, the CCPC said:
“The Competition and Consumer Protection Commission (CCPC) has not received formal notification of a proposed transaction between Dawn Meats and Dunbia. Where a transaction is notifiable to the CCPC, there is no deadline by which the firms involved are required to notify. However, the transaction cannot be implemented unless the CCPC makes a determination clearing the transaction.”
The proposed move will see Dawn Meats acquire full ownership of the Dunbia beef factory in Slane and beef-processing facilities in Kilbeggan. It is likely to see Dawn Meats’ share of the national kill increase to between 24% and 26%.
Meanwhile, in the UK, the move will see the two businesses merge.
The deal has been met negatively from farming organisations such as the ICSA and the IFA.
Dawn-Dunbia deal leads to growing competition fears among farmers
Dawn to take control of Dunbia
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