Maspex can take Lowicz and Kotlin – Republic

will 26-05-2015, last updated 26-05-2015 13:57

Source: Fotorzepa

The author: Krzysztof Skłodowski

Office of Competition and Consumer Protection agreed to the leading food company in Central and Eastern Europe took over key assets of the company Agros Nova .

The acquisition includes the purchase of two manufacturing plants in Lowicz and Wąsosz and brands: Łowicz, Krakus, Kotlin, Wloclawek, Fruktus, Tarczyn and DrWitt. As a result, the acquisition will create the largest Polish food group with a turnover of more than 4 billion zł.

It will be a leader in many segments of the food market with very strong, recognizable brands. Increasing business scale will better position and the ability to achieve cost and operational synergies, which will be beneficial for both companies – says Maspex.

Activities connected company will be based on the company Agros Nova employees from all locations: Łowicza, Wąsosz and Warsaw and employees of commercial structures.

– Agros Nova is arguably one of the most powerful food companies in the country, which will bring huge achievements for our company – a valuable and strong brands as well as very important to us also – a professional team workers who developed such a good market position of the company. Our offer includes a vision for joint action in ensuring the further development of the company, as well as its employees – says Krzysztof Pawinski, Maspex Wadowice Group President.

Maspex Wadowice Group 25 years of its history has made 17 acquisitions, including nine for abroad. These included purchase of spare juices Walmark company, a leader on the Czech and Slovak market of juices, nectars and drinks, the acquisition of 100 percent. shares of Olympos, a leading manufacturer in the market of juices, nectars and drinks in Hungary, acquisition of Queen’s, a leading juice producer in Bulgaria, as well as the acquisition of shares in the Hungarian company Plusssz Vitamin Kft – the brand owner Plusssz.