date:Sep 10, 2012
adopted a joint nameand even joint logos after acquiring Lutosa in 2007 for175 million euros in cash.
The Westrozebeke-based company expects to sign the final saleagreement by the end of the month and complete the transaction byyear end, subject to due diligence, antitrust approval andacceptance by the buyer, according to an e-mailed statement fromPinguinLutosa. The buyer's identity will be announced uponcompletion of the negotiations, the company said.
After the transaction, Pinguin without