The European Commission has approved under the EU Merger Regulation the proposed acquisition of Cefetra BV by ForFarmers BV (both Dutch companies). ForFarmers produces and sells animal feed, fertilisers, pesticides, seeds and seed stock to the agricultural sector in the Netherlands, Germany and Belgium and through its subsidiary, Opfok de KuikenaeR BV, ForFarmers is also active in the breeding and sale of poultry for egg-laying. Cefetra is active in the supply of raw materials to the feed, food and fuel industries, including the animal feed industry, the foodstuff industry, the crush and starch industry and the bio-fuel sectors. The Commission’s examination showed that there were no horizontal overlaps and that, regarding vertical effects, because of Cefetra's modest market position there was no risk of restricting access to supplies of raw materials for animal feed.