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 Hortex to acquire frozen food distributor

Food producer Hortex has signed a preliminary deal to acquire frozen food distributor Ren. Under the agreement, which has to be approved by the Office of Competition and Consumer Protection, Hortex will also acquire shares in a number of food distributors owned by Ren.  “The deal will allow Ren to i...