Greek snack food maker Chipita International has said its Chipita East Europe unit has agreed to acquire Bulgarian snack food firm Royal Foods Holding.
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
The acquisition, which will include brands and production facilities, is expected to take place in May, reported Dow Jones International News.
Royal Foods, Bulgaria’s second-largest snack food maker, had sales of €13.5m (US$16.6m) for 2003. Financial details of the deal were not disclosed.
