Prior notification of a concentration (Case M.12254 – AAK / KLK / JV) – Candidate case for simplified procedure
Date: 2026-02-12
Institutions: Directorate-General for Competition, European Commission
Subjects: Malaysia, economic concentration, food fat, merger control, vegetable fats








C_202600996EN.000101.fmx.xml












Official Journal of the European Union


EN
C series













C/2026/996


12.2.2026






Prior notification of a concentration
(Case M.12254 – AAK / KLK / JV)
Candidate case for simplified procedure
(Text with EEA relevance)
(C/2026/996)


1.   
On 6 February 2026, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1).
This notification concerns the following undertakings:






—


AAK Invest AB (‘AAK’, Sweden),










—


Kuala Lumpur Kepong Berhad (‘KLK’, Malaysia).




AAK and KLK will acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of Nura Sdn. Bhd. (‘Nura’, Malaysia).
The concentration is accomplished by way of purchase of shares in a newly created joint venture.


2.   
The business activities of the undertakings concerned are the following:






—


AAK is a producer of value-added plant-based oil and fat solutions and applications for the bakery, dairy, foodservice, special nutrition, and plant-based food industries, as well as chocolate and confectionery fats, natural emulsifiers, animal and fish feed, and personal care products. AAK has approximately 4 000 employees, 25 regional sales offices and more than 20 production facilities, with business operations across Europe, Asia-Pacific, the Middle East, Africa, North America and South America,










—


KLK is a producer of palm products and rubber, with an offering encompassing palm kernels, palm oil, non-ionic surfactants, esters, oleochemicals, etc., which are used in a variety of applications such as food and nutrition, lubricants, flavours and fragrances, home and personal care, industrial chemicals, and pharmaceuticals. In addition to its core business in palm oil and rubber plantations, with plantations and manufacturing facilities across Asia, Africa, and Europe, KLK is also involved in real estate development.






3.   
The business activities of the undertaking Nura are the following:
manufacturing and trading of fractionated palm oil products in Malaysia.


4.   
On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the Merger Regulation. However, the final decision on this point is reserved.
Pursuant to the Commission Notice on a simplified treatment for certain concentrations under Council Regulation (EC) No 139/2004 on the control of concentrations between undertakings (2), it should be noted that this case is a candidate for treatment under the procedure set out in the Notice.


5.   
The Commission invites interested third parties to submit their possible observations on the proposed concentration to the Commission.
Observations must reach the Commission not later than 10 days following the date of this publication. The following reference should always be specified:
M.12254 – AAK / KLK / JV
Observations can be sent to the Commission by email or by post. Please use the contact details below:
Email: COMP-MERGER-REGISTRY@ec.europa.eu

Postal address:





European Commission




Directorate-General for Competition




Merger Registry




1049 Bruxelles/Brussel




BELGIQUE/BELGIË







(1)  
            OJ L 24, 29.1.2004, p. 1 (the ‘Merger Regulation’).

(2)  
            OJ C 160, 5.5.2023, p. 1.


ELI: http://data.europa.eu/eli/C/2026/996/oj
ISSN 1977-091X (electronic edition)