Competition Authority intensifies probe into Valeo

The Competition Authority has escalated its probe into Valeo Foods’ €60 million bid to buy coffee and snack distributor Robert Roberts and health food firm Kelkin, launching a full phase two investigation into the deal.

Valeo, which is controlled by CapVest, sealed a €60 million acquisition deal to buy the food businesses from DCC in September. The Irish competition watchdog has notified both parties in recent days that it is carrying out a ...