LJUBLJANA (Slovenia), January 5 (SeeNews) - French agri-food company Fleury Michon has completed the sale of its Slovenian subsidiary Proconi to local ready meals producer Eta, it said.
The agreement for the sale of Proconi was signed on December 29 and the transaction will contribute to the efficiency of Fleury Michon's industrial organisation, the French company said in a filing with Euronext Paris on Tuesday.
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No financial details of the transaction were revealed.
"The combined know-how of the two companies, and the experience of the purchaser in the central European markets allow Fleury Michon to be confident about the future development of Proconi," the French company said.