You have 3 free articles left this month. Get your free Basic subscription now and gain instant access to more.

French agri-food company Fleury Michon sells Slovenian subsidiary

Author Radomir Ralev
French agri-food company Fleury Michon sells Slovenian subsidiary Bio food

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.

You can subscribe to our M&A newsletter here

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.

Share this story
SeeNews in Brief

View our Newsletters

 
Compare