Supported byOwner's Engineer
Clarion Energy banner

The Atlantic Group showed interest for Serbian Strauss Group company

Supported byspot_img

The Atlantic Group (Atlantic Group) submitted today a binding offer for the purchase of Strauss Adriatic.

And the Strauss Group has officially accepted it, the Atlantic Group announced today, and stated that the prior approval of the Commission for the Protection of Competition is necessary for the conclusion of the transaction.

The offer Is worth 40.5 million euros, without debt and cash, the announcement states, adding that this integration is an important contribution to the growth of the coffee category in Serbia and the region, as well as strengthening the competitiveness of the regional coffee industry and local brands.

Supported by

Along with Strauss brands, Atlantic would also take over the production facility in Šimanovci, as well as 220 workers.

 

Sign up for business updates & specials.

Supported by

RELATED ARTICLES

Supported byClarion Energy
spot_img
Serbia Energy News
error: Content is protected !!