December 2 (SeeNews) - Turkish diversified group Toksoz has acquired Spanish fruit juice maker Zumos Palma from Pascual Group, Turkish media reported.
With this acquisition, Toksoz aims to diversify its range of natural products and strengthen its international network, daily Dunya said on Saturday, quoting company management board member Ahmet Toksoz.
You can subscribe to our M&A newsletter here
Zumos Palma, which owns the Zumosol fruit juice brand, has an annual juice production capacity of 200 million litres.
Toksoz is active in the food and pharmaceuticals sectors through its subsidiaries. The company recently acquired Italian chocolate brand Pernigotti.