Commission européenne, DG COMP MERGER REGISTRY, 1049 Bruxelles, BELGIQUE  
Europese Commissie, DG COMP MERGER REGISTRY, 1049 Brussel,   BELGIË  
 
Tel: +32 229- 91111. Fax: +32 229- 64301. E -mail: COMP -MERG ER-REGISTRY@ec.europa.eu.  
  EUROPEAN COMMISSION  
Brussels, 18.1.2022 
C(2022)  403 final  
PUBLIC VERSION  
Associated British Foods plc  
No. 293262 at Weston Centre,  
10 Grosvenor Street  
W1K 4QY London  
United Kingdom  
 
Wilmar Internatio na l Limited  
15th Floor, 1379, Bocheng Road, 
China (Shanghai) Pilot Free Trade 
Zone  
200135 Shanghai  
China  
 AB Mauri Yihai Kerry Investment  
Company   
No. 293262 at Weston Centre  
10 Grosvenor Street  
W1K 4QY London  
United Kingdom  
Subject : Case M. 10411 – AB M / YKA / HEBEI MAURI  
Commission decision pursuant to Article 6(1)(b) of Council Regulation 
(EC) No 139/20041 and Article 57 of the Agreement on the European 
Economic Area2  
Dear Sir or Madam,  
1. On 14 December 2021, the European Commission received notification of a proposed 
concentration pursuant to Article 4 of the Merger  Regulation by which Associated 
British Foods plc  (‘ABF’, United Kingdom ) and Wilmar International Limited  
(‘Wilmar’, Singapore)  acquire, through their common joint venture AB Mauri Yihai 
Kerry Investment Company Limited  (‘AB Mauri’, China), joint control of the whole 
                                                 
1 OJ L 24, 29.1.2004, p. 1 ( the ‘Merger Regulation ’). With effect from 1 December 2009,  the Treaty on 
the Functioning of the European Union ( ‘TFEU ’) has introduced certain changes, such as the 
replacement of ‘Community ’ by ‘Union ’ and ‘common market ’ by ‘internal market ’. The terminology 
of the TFEU will be used throughout this decision.  
2  OJ L 1, 3.1.1994, p.  3 (the ‘EEA Agreement ’). 

2 of Hebei Mauri Food Co., Ltd. (‘Hebei Mauri’ or the ‘Target’ China), currently 
controlled by ABF , within the meaning of Article 3(1)(b) and 3(4) of the Merger 
Regulatio n .3 
2. The business activit ies of the undertakings concerned are:  
− for ABF: active in five main business domains  worlwide , namely (i) production 
of baking ingredients , including yeast ; (ii) production of sugar; (iii) manufacture 
of grocery products; (iv) supply of agricultural produc ts to farmers ; and (v) high 
street retailing,  
− for Wilmar : active in oil palm cultivation, oilseed crushing, edible oil refining, 
sugar milling and refining, manufacturing of consumer products, specialty fats, 
oleochemicals, biodiesel and fertilisers as wel l as flour and rice milling  
worldwide, 
− for Hebei Mauri : active in the manufacture and supply of bakers’ yeast to China 
and other countries, including in Asia; and  
− for AB Mauri : active in the manufacture , sale and distribution of yeast, bakery 
ingredients a nd bakery fats in Asia, as well as the provision of relevant bakery 
and technical services related to these products in Asia.  
3. After examination of the notification, the European Commission has concluded that 
the notified operation falls within the scope of  the Merger  Regulation  and of 
paragraph s 5(a) and (b) of the Commission  Notice on a simplified procedure for 
treatment of certain concentrations under Council Regulation (EC) No 139/2004.4 
4. For the reasons set out in the Notice on a simplified procedure, the European 
Commission has decided not to oppose the notified operation and to declare it 
compatible with the internal market and with the EEA Agreement. This decision is 
adopted in applicat ion of Article 6(1)(b) of the Merger  Regulation  and Article 57 of 
the EEA Agreement . 
For the Commission 
 
 
(Signed)  
Olivier GUERSENT  
Director -General  
 
 
                                                 
3  Publication in the Official Journal of the European Union No C 514I , 21.12.2021 , p. 19. 
4  OJ C 366, 14.12.2013, p. 5 .