UOKiK greenlights Hortex takeover

Antitrust watchdog UOKiK has approved the takeover of the juice, drinks and frozen fruit and vegetable producer Hortex, by Seventeen Colza investment vehicle, which is a subsidy of private equity fund Mid Europa Partners. Along with Hortex, Mid Europa will also acquire its subsidy, Ortika, which UOKiK also greenlit. Seventeen Colza signed a takeover agreement in November without disclosing the amount. The deal is set to be concluded in Q1 next year.