Cérélia/Jus Rol merger

04 Sep: CMA: Cérélia must sell Jus-Rol

The Competition Appeal Tribunal in the UK fully dismissed a legal challenge by Cérélia and upheld the Competition and Markets Authority’s (CMA) decision to block Cérélia’s acquisition of Jus-Rol. The Tribunal dismissed all four grounds of Cérélia’s contest on the CMA’s decision. It confirmed that the CMA had gathered and carefully weighed a great deal of information and evidence for its assessment, and had not made any error of fact or law.