German Company to Buy Bulgarian Manufacturer of ‘Ludogorsko Pile’ Poultry German company Paul-Heinz Wesjohann Group wants to buy Bulgarian Ameta Holding, owner of the “Ludogorsko pile”brand of poultry and poultry products and the PilCo processing plant in Razgrad. Bulgaria’s Commission for Protection of Competition has received a request envisaging the acquisition of joint control of the holding by the German company and the sole owner of Ameta Holding, Bulgarian American Foods. Paul-Heinz Wesjohann Group specializes in poultry production. It is a leading company in the poultry industry with an annual turnover of EUR 2.3 bln. Bulgaria’s anti-trust watchdog will receive statements of opinion on the deal by third parties by February 27, after which the Commission will come up with a statement on the deal based on an overall estimate of its impact in the sector.
Source: Class (24.02.2015)

Commission for protection of competition allowed German company PHW to buy part of Ludogorsko pile The Bulgarian competition regulator said has given the green light to Germany's Paul Wesjohann&Co (PHW) and UK-based Bulgarian American Foods to assume joint control over Bulgarian poultry companies Ameta Holding and Kamchia, and grain producer Trade Company. PHW is the biggest company in chicken breeding sector in Germany, where it sells chicken meat and products under the brand Wiesenhof. It trade in the entire Western Europe as well as with other brands. The present business model of the German company includes joint venture with local partners abroad, followed by expansion of themarkets. Under the deal, PHW, which has no subsidiaries in Bulgaria, will acquire a stake in Ameta Holding and indirect control in Kamchia and Trade Company and its subsidiaries. Ameta unites poultry slaughterhouses Pilco and Ludogorsko pile based in Razgrad, as well as feed mill Rosica – Pavlikeni and Svinevudstvo Asparuhovo near Pleven. Bulgarian American Foods currently holds 100% of Ameta Holding, which has a capital of BGN 13.86 million. Kamchia, with a capital of BGN 108,074, is fully-owned by Maltese-based Lifestock Development Corporation. Another Maltese company, Commodity Trading, holds 100% in Trade Company. The Bulgarian company's capital consists of BGN 1.1 million. The regulator's decision was adopted on March 18 and can be appealed before the Supreme Administrative Court within 14 days of its publishing.
Source: Capital (27.03.2015)