Disclaimer :

The Competition DG makes the information provided by the notifying parties in section 1.2 of Form CO available to the public in order to increase transparency. This information has been prepared by the notifying parties under their sole responsibility, and its content in no way prejudges the view the Commission may take of the planned operation. Nor can the Commission be held responsible for any incorrect or misleading information contained therein.

COMP/M.6894

SECTION 1.2

Description of the concentration

This notification relates to a proposed concentration by which Syral China Investment, which belongs to the Tereos group, and Wilmar China New Investments Pte. Ltd., which belongs to the Wilmar group, acquire, within the meaning of Article 3(1) (b) of the EC Merger Regulation, joint control, within the meaning of Article 3(4) of the EC Merger Regulation, of an existing company, Liaoning Jinxin Biology & Chemistry Co. Ltd., currently under control of Wilmar.

Syral China Investment and Wilmar China New Investments Pte. Ltd. intend to operate this Company, incorporated in the PRC, for the transformation of corn as raw material into native starch, sweeteners (isoglucose syrups, dextrose monohydrate and maltodextrins), proteins (corn gluten meal) and starch by-products (corn gluten feed, corn germs, corn steep liquor) and the sale of these products. The Company will focus its activities in the PRC (and potentially South-East Asia).