Czech bakery group United Bakeries has denied local reports that it is for sale, insisting that it is instead seeking a strategic partner to build on its market leading position in Central Europe.
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
“We are merely looking for a strategic partner that would strengthen our position as the biggest bakery manufacturer in Central Europe,” spokesman Jaroslav Pomp told just-food.
The country’s public radio Cesky Rozhlas last week reported that the Czech company’s two owners, brothers Marko and Jaroslav Parík, think its sale could fetch some CZK3bn (US$16.1m).
Cesky rozhlas also mentioned as potential buyers Anker of Austria, Barilla of Italy and local bakery Penam, part of the Agrofert group.
United Bakeries is a subsidiary of European United Bakeries, based in Luxembourg.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
