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ARTICLE · 18 DECEMBER 2013

The Turkish Competition Board Authorized The Acquisition Of Sırma By Danone

Erdem & Erdem Law
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The Turkish Competition Board ("Board’’), authorized, in its decision dated 29.05.2013 and numbered 13-32/426-188 , the acquisition of 50,10% of the shares of Sırmagrup İçecek Sanayi ve Ticaret A.Ş. ("Sırma’’) by Danone SA ("Danone’’) since this transaction does not create a dominant position or strengthen an existing dominant position in the relevant market.

TurkeyAntitrust/Competition Law
H. Ercüment Erdem
H. Ercüment Erdem
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The Turkish Competition Board ("Board''), authorized, in its decision dated 29.05.2013 and numbered 13-32/426-1881, the acquisition of 50,10% of the shares of Sırmagrup İçecek Sanayi ve Ticaret A.Ş. ("Sırma'') by Danone SA ("Danone'') since this transaction does not create a dominant position or strengthen an existing dominant position in the relevant market.

Parties to the Operation

Acquirer. Danone is a multinational company established as per the laws of France and worldwide active in the production of fresh milk, packed water and special products for babies and sick persons or old people having some sensibility.

Danone is active in the Turkish market through the companies Danone Hayat İçecek ve Gıda Sanayi ve Ticaret A.Ş. ("Danone Hayat"), Danone Tikveşli Gıda ve İçecek Sanayi ve Ticaret A.Ş. ("Danone Tikveşli") and Numil Gıda Ürünleri Sanayi ve Ticaret A.Ş. ("Numil"). All shares of Danone Hayat, Danone Tikveşli and Numil pertain to Danone.

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