EC approves Agrofert’s German acquisition

17-05-2013

The European Commission has approved Czech company Agrofert’s acquisition of German bakery chain Lieken AG, the commission said in a statement on Friday. Lieken, Germany’s leader in bread making, was previously owned by the Italian company Barilla; the sale was closed in February. Agrofest Group, owned exclusively by Mr Andrej Babiš, is the largest Czech agriculture and food holding.