Bosnia's Serb Republic offers for sale 18% of Banja Vrucica
NLB backs gains in Ljubljana stock market indices
Croatian share indices end higher, HPB leads gainers
Romanian stock indices rebound, OMV Petrom shines
Romania's Agroland Agribusiness 2023 net profit down 56%
Sep 06, 2022 11:21 EEST
September 6 (SeeNews) - Romania's anti-trust authority said that it is looking into the agreed takeover of some Cargill Group assets in Hungary by NewOpCo Hungary, a unit of private equity investment group Waterland.
The Competition Council will assess the terms of the transaction in accordance with current legislation to determine whether it can be authorized or not, it said in a press release on Monday.
You can download the 2023 Agriculture industry in Southeast Europe report here
You can subscribe to our M&A newsletter here
The targeted assets include a plant in Hungary that produces food for pets, as well as equipment, inventories and trade agreements.
Cargill has been active in Hungary since 1995, as a retailer of cereal and starch products as well as a producer and distributor of animal food.
The Waterland Group is a private investment group controlling companies in various sectors such as production and marketing of pet food. The group is present in Romania through its United Petfood Romania branch, which runs a plant producing pet food.
(1 euro=4.8215 lei)
You have run out of free articles this month.
Sign up in for
and get ten (10) free articles per month or sign up for
and get unlimited access.
Browse our free newsletter options