Rieber foods plans to double its revenues through acquisitions by end 2007

The revenues of zł.500 million on the domestic market are to be achieved through acquisitions, which the company has been announcing for the past year. "The problem is not money but the right company. We initiate negotiations in 90% of cases, but until now we have not found a company which would fit our strategy and that is for sale. We want to buy a company or a brand from the ready-made-meals, spices or savoury meals in powder form segment. We will be satisfied with two to three good companies. I hope that this year we will be able to buy at least one," revealed Rieber Foods Polska director, Piotr Sieńko. (Puls Biznesu, pp. 1,10) A.K.