The Commission for the Protection of Competition received a notification of a proposed concentration, concerning the acquisition of the share capital of PROKON Pflanzenöl GmbH, Magdeburg by Glencore Industries The Netherlands B.V..
Glencore Industries The Netherlands B.V., is a company duly registered under the laws of the Kingdom of the Netherlands. The said company is a holding company and is indirectly a 100% subsidiary of Glencore plc.. Glencore plc. is active worldwide, mainly in three business sectors,: (a) metals and minerals including copper, zinc/lead nickel, ferroalloys, alumina/aluminum and iron ore production, (b) energy products related to coal and oil activities, as well as marketing activities and (c) agricultural products, namely grains, oils/oilseeds, biofuel, cotton and sugar.
PROKON Pflanzenöl GmbH Magdeburg, is a company duly registered under the laws of Germany. The said company operates an oil mill on a production site in Magdeburg in the Federal Republic of Germany, which processes rapeseed for various oil applications. The said company manufactures rapeseed-based commodities, partly refined and fully refined rapeseed oils, biodiesel, glycerin and rape meal.