MK Group d.o.o., a Serbian holding company focused on agribusiness, has taken over Carnex AD, a meat producer and processor, the group said, without disclosing the terms of the agreement.
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MK Group, which is also bidding for Greece’s Hellenic Sugar Co., plans to increase Carnex’s output and foreign sales, it said in an e-mailed statement. Vrbas-based Carnex posted 237.7 million dinar ($3.1 million) in net income last year on 5.24 billion dinar in sales.
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