Polmlek in the bid for Agros-Nova

Leading dairy company Polmlek is about to enter the juice market, according to Polish daily Puls Biznesu. The company supposedly offered PLN 100 million to buy Agros Nova, whose brands' portfolio includes Fortuna, Pysio or Garden. The takeover agreement is to be signed mid-July. Both parties to the deal refused to comment on the matter. According to Puls Biznesu, as many as six bidders made their offers. It is believed that Hortex has hitherto been leading the race, however, Polmlek's offer is supposedly 10-20 percent higher.