A restructuring move by Icelandic firm Nordic Industries Ltd has meant that on 27 November co-patriot company Tomset Ventures Ltd gained its shares and the controlling stake in Latvia's Staburadze confectionery firm. Latvian group Nordic Industries, which started operating in 1995, specialises in industry, industry real estate and food. It owns shares in Nordic Food, which was founded for the purchase of Staburadze shares and controlled the 77% majority stake.
ICELAND/LATVIA: Staburadze controlling stake sold to Icelandic company
Get full access to all content, just $1 for 30 days
just-food gives you the widest food market coverage.
But only paid just-food members have full, unlimited access to all our exclusive content - including 21 years of archives.
Try just-food for 30 days and get the research report; ‘Is sugar the next tobacco’ for free!
Dean Best, editor of just-food
Do you get our newsletters? If yes, log in to your account to access your FREE READS. Don't know your password? That's cool - you can reset it here.
Most Popular
Insights
- Why cutting sugar in chocolate is so challenging
- The early effects of UK-EU trade deal
- Big Food's VC-style funds: the investments so far
- Hatching new ideas – incubators, accelerators
- How food groups are singling out China's singles
News
- Barilla takes stake in UK business
- NPD – Danone, Nestle/General Mills, Mars, Ferrero
- UK food trade body calls for EU deal changes
- Action taken on Scottish seafood exports to EU
- Hain Celestial sells UK fruit business
Market research
- China In-depth PESTLE Insights
- Oils (Oils and Fats) Market in Saudi Arabia - Outlook to 2023: Market Size, Growth and Forecast Analytics
- Sustainability - The Most Important Theme for 2020 - Thematic research
- Purity Wholesale Grocers Inc - Strategic SWOT Analysis Review
- Cooked Meats - Counter (Meat) Market in the United States of America - Outlook to 2024: Market Size, Growth and Forecast Analytics (updated with COVID-19 Impact)
Oops! This article is copy protected.
Why can’t I copy the text on this page?
The ability to copy articles is specially reserved for people who are part of a group membership.
How do I become a group member?
To find out how you and your team can copy and share articles and save money as part of a group membership call Sean Clinton on
+44 (0)1527 573 736 or complete this form..
