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Prodravka to buy Agrokor canned foods subsidiary
date:Apr 10, 2014
One of Croatia's largest food producers, Prodravka, has signed a memorandum of understanding to acquire a subsidiary of retailer Agrokor.

According to local media outlet Poslovni dnevnik, Podravka look set to buy all of the assets belonging to PIK Vrbovec, a canned meats producer based in Danica which is owned by Agrokor.

This arrangement should certainly be considered in the context of the consolidation of the domestic food industry. These are two leading companies which are aligned to the c

12/22 22:12