Commission clears acquisition of VGG by De Raekt and ING

The European Commission has granted clearance to the proposed acquisition of Van Gansewinkel Groep BV (VGG) by Dutch companies De Raekt BV and ING Corporate Investments Participaties BV. De Raeks is a private holding company that owns 55% of the shares in VGG. VGG and its subsidiaries provide a range of waste management and related services for both hazardous and non-hazardous waste. The company is primarily active in the Netherlands and Belgium, and to a lesser extent in France, the Czech Republic, Poland, Luxembourg and Portugal. The deal was assessed under the EU's simplified merger procedure.

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