Wawel to acquire Droste

Wawel, a Polish confectionery company, is planning to acquire stake in Droste, Dutch chocolate producer. Droste is a subsidiary of Wawel's largest shareholder, Hosta International. Droste was founded in 1863. It used to be one of the leading Dutch confectionery firms. Currently, the company records around €7-8 million revenue. It was purchased by Hosta Group in 1997. Wawel has been listed on the Warsaw bourse since 1998.