Locked content Heinz to invest PLN 200 mln in Polish plant – sources

The Polish unit of global food processing conglomerate Heinz will carry out investments to the tune of PLN 200 million at its Pudliszki unit, according to sources quoted by daily Puls Biznesu. “The company has applied for a government grant for an investment worth almost PLN 200 million,” a source t...

Locked content Herbapol Lublin eyes jam segment

Fruit and herb processing firm Herbapol Lublin is looking for an acquisition on the fruit preserve market, the company’s CEO Roman Górny told daily Rzeczpospolita. The takeover, which may be carried out next year, could raise Herbapol Lublin’s revenue by at least PLN 100 million. “In the next five y...

Locked content KSC eyes investments

Poland’s major sugar producer Krajowa Spółka Cukrowa (KSC) will invest some PLN 200 million in the course of the next two years, the company’s CEO Marek Dereziński told daily Puls Biznesu. The funds will mostly be used to increase the production capacity of KSC’s units. Some may also be spent on acq...

Locked content Innova and EMP increase stake in Bakalland

Innova Phoenix and EMP Investments have acquired 3,435,279 shares in nuts and raisins distributor Bakalland in a tender offer, the deal’s manager Ipopema Securities said in a statement on Wednesday. The two firms announce a tender for Bakalland shares in August. They intended to buy 5,183,311 shares...

Locked content FoodCare looking for brands acquisition, mulls US factory

Food and drink producer FoodCare is looking for attractive brand acquisitions, the company’s CEO Wiesław Włodarski told ISBnews. “I am looking for brands with an interesting history, which could enhance our portfolio,” Włodarski said. He added that the search was most intense in the bottled water se...

Locked content Polish food may go to Asia

Poland should search for new food markets outside Europe, say officials, according to fair organizers and advisors quoted by Puls Biznesu on Thursday. The desired destination would be the Far East. Polish farmers should take advantage of the Russian embargo, knowing that the eastern market for fruit...

Locked content Cedrob wants to raise stake in PKM Duda

Meat processing company Cedrob has announced a tender offer for 23 percent in sector firm PKM Duda. It is offering PLN 7.40 per share, putting the potential deal value at PLN 47.3 million. If the offer is successful, Cedrob will raise its current stake in PKM Duda to 32.99 percent. Cedrob said that ...

Locked content Embargoed food will go to charities

Marek Sawicki, Poland’s Minister of Agriculture and Rural Development assured on a meeting in Pilchowice last weekend that embargoed Polish food would be given to charity organizations, such as Caritas or the Red Cross, if the organizations wish so. Then the food will be transferred to smaller organ...

Locked content EC mulls extending support for food producers

The European Commission is analyzing data on the food market after Russia’s embargo and may consider support for dairy producers, the EC said in a press release on Friday. The statement follows  a meeting of the expert group to discuss agricultural markets. “[The EC] will not hesitate take any furth...