A buyout bid for Polish sweets maker Mieszko, made by Israeli drinks, confectionery and snacks giant Elite, has failed.

Go deeper with GlobalData

Go deeper with GlobalData

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more


Mieszko revealed earlier today [Tuesday] that the bid had been unsatisfactory, and stressed that its PZl7m (US$1.7m) profit and PZl130m-140m sales forecast remained for the current year.


Elite and Mieszko had signed a letter of intent to the effect that the Israel firm would purchase a majority stake in the listed Polish confectioner in October.


Mieszko has also held potential merger talks with another listed sweets marker, Jutrzenka, but a deal was called off.

GlobalData Strategic Intelligence

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

Just Food Excellence Awards - Nominations Closed

Nominations are now closed for the Just Food Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
Winning five categories in the 2025 Just Food Excellence Awards, Centric Software is setting the pace for digital transformation in food and FMCG. Explore how its integrated PLM and PXM suite delivers faster launches, smarter compliance and data-driven growth for complex, multi-channel product portfolios.

Discover the Impact