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Dutch Regulator Blocks Zwanenberg Purchase of Unox

The ACM said the deal would concentrate supply of sausages and shelf-stable soups and could lead supermarkets to face higher wholesale costs that push up prices for shoppers.

Overview

  • The Autoriteit Consument & Markt refused to approve Zwanenberg’s takeover of Unox, saying the combined firm would be nearly the only large supplier of smoked and cooked sausages and would hold a strong position in shelf-stable soups.
  • The ACM said that reduced supplier choice would let Zwanenberg demand higher wholesale prices from supermarket chains, a change that could translate into higher food prices for consumers.
  • Zwanenberg immediately rejected the regulator’s market definitions, argued that A-brands and private labels are different markets, and said there are enough international suppliers and strong supermarket bargaining power to prevent price rises; the company said it is considering an appeal.
  • Unilever said it was very disappointed and will study the ACM ruling before deciding next steps, leaving the blocked sale legally unresolved for now.
  • The decision closes a review that began after Unilever announced the sale in December 2024 and intensified when the ACM extended its investigation in June 2025, and it could prompt a legal challenge or renewed talks over remedies.