Locked content REN with 15% revenue increase y/y for Q1-Q3 of fiscal year

Frozen food distributor REN, owned by private equity fund Argan Capital, posted PLN nearly PLN 200 million in revenue for Q1-Q3 of the fiscal year 2017/2018 (which ends in February 2018), marking a 15 percent increase y/y, REN stated. Thee company plans to open a new logistics center in Radom by the...

Locked content Haagen Dazs back in Poland

Haagen Dazs, American ice cream premium brand owned by General Mills has just come back to Poland, Puls Biznesu daily reported on Tuesday. The products are available at some retail and delicatessen stores. Haagen Dazs withdrew from the Polish market in 2013. Recently, it has been advertising its pro...

Locked content Hortex with green light to acquire Ren

Poland’s anti-monopoly watchdog UOKiK approved the acquisition of frozen food distributor Ren by Hortex, which will also acquire shares in a number of food distributors owned by Ren.  “The deal will allow Ren to improve its liquidity significantly, pay its liabilities and active development on...