Locked content Meat producer Gobarto buys Cedrob for PLN 78 mln

Gobarto has signed an agreement with Cedrob on the acquisition of 100 percent of shares in meat producer ZM Silesia and 25 stores forming Cedrob’s retail chain. The value of the deal is PLN 78 million. The transaction is a part of expanding Gobarto’s production and distribution segment as set in its...

Locked content Gobarto acquires meat producer Jama

Gobarto has acquired wholesale meat producer Jama, based in Wałbrzych, Gobarto stated in a market filing. The base value of the transaction is PLN 12 million, which may change depending on the value of the balance sheet upon closing. In April 2017, Gobarto entered into a conditional purchase agreeme...

Locked content Drobimex to expand factory in Szczecin

Polish meat producer Drobimex will expand its production plant in Szczecin at a cost of over PLN 100 million, the media reported. The company has already developed a new 3,000 sqm production hall with a modern technological line. Next year, Drobimex plans to expand the factory by another 3,000 sqm a...

Locked content Worse shape of Polish meat processing plants – Bisnode

The percentage of meat processing plants in Poland with a very good and good financial standing has dropped from 80.4 percent at the beginning of 2014  to 45.1 percent in January 2015, according to the research by business information agency Bisnode. The percentage of companies in a very good shape ...

Locked content Cedrob greenlit to take over PKM Duda

The Office of Competition and Consumer Protection has approved the takeover of  meat processing firm PKM Duda by market peer Cedrob, the watchdog said on Tuesday. Cedrob announced a tender for 23 percent in PKM Duda in August. If the offer is successful, Cedrob will raise its current stake in PKM Du...

Locked content ZM Mysław prepares IPO

Meat processing firm ZM Mysław, which debuted on the NewConnect market in July this year, plans to raise up to PLN 18 million in an IPO on the main market of the Warsaw Stock Exchange, the company said in a statement on Tuesday. The company will file its issue prospectus to the Financial Supervision...

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 ...