159

News

Huge Danish Crown merger on the rocks

Christian Wenande
November 2nd, 2015


This article is more than 9 years old.

Tican signs deal with Tönnies instead

A green scam? Danish Crown paid for the Aarhus University study which they used to bolster their reputation as ‘green producers’ (photo: Danish Crown)

After seven months of intense assessment, the planned merger between the two Danish slaughterhouse chains Danish Crown and Tican has been called off.

The merger was first announced back in February, but as the seven-month deadline for the merger expired without the necessary approval from the competition authority Konkurrencestyrelsen, the deal collapsed.

We’ve delivered a number of proposals to be considered by Konkurrencestyrelsen, and even though we consulted the authority regarding what was needed to complete the merger, our proposals were not deemed satisfactory for an approval,” said Kjeld Johannesen, the head of Danish Crown.

READ MORE: Danish slaughterhouse giants to merge

Turning to Tönnies
Instead, Tican has agreed to a deal to the transfer of share capital to the German food product group Tönnies.

The new deal is expected to be approved by the EU competition authority some time by the end of this year.


Share

Most popular

Subscribe to our newsletter

Sign up to receive The Daily Post

















Latest Podcast

A survey carried out by Megafon for TV2 has found that 71 percent of parents have handed over children to daycare in spite of them being sick.

Moreover, 21 percent of those surveyed admitted to medicating their kids with paracetamol, such as Panodil, before sending them to school.

The FOLA parents’ organisation is shocked by the findings.

“I think it is absolutely crazy. It simply cannot be that a child goes to school sick and plays with lots of other children. Then we are faced with the fact that they will infect the whole institution,” said FOLA chair Signe Nielsen.

Pill pushers
At the Børnehuset daycare institution in Silkeborg a meeting was called where parents were implored not to bring their sick children to school.

At Børnehuset there are fears that parents prefer to pack their kids off with a pill without informing teachers.

“We occasionally have children who that they have had a pill for breakfast,” said headteacher Susanne Bødker. “You might think that it is a Panodil more than a vitamin pill, if it is a child who has just been sick, for example.”

Parents sick and tired
Parents, when confronted, often cite pressure at work as a reason for not being able to stay at home with their children.

Many declare that they simply cannot take another day off, as they are afraid of being fired.

Allan Randrup Thomsen, a professor of virology at KU, has heavily criticised the parents’ actions, describing the current situation as a “vicious circle”.

“It promotes the spread of viruses, and it adds momentum to a cycle where parents are pressured by high levels of sick-leave. If they then choose to send the children to daycare while they are still recovering, they keep the epidemic going in daycares, and this in turn puts a greater burden on the parents.”