Key facts
- The acquisition involves Baltic Grain Terminal (BTZ) in Poland.
- CM Holding of Denmark and Bunge Global of Switzerland will jointly control BTZ.
- The EU Commission found no competition concerns with the deal.
The European Commission has approved the acquisition of joint control over Poland's Baltic Grain Terminal (BTZ) by Denmark's CM Holding A/S and Switzerland's Bunge Global SA. The decision, made under the EU Merger Regulation on October 13, 2026, concluded that the transaction would not pose competition concerns. The deal primarily concerns the provision of port terminal services in Poland, and the Commission found its impact on the market to be limited. Further details are available on the Commission's competition website under case number M.11903.