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
A Message From The Editor
just-food gives you the widest food market coverage.
Paid just-food members have unlimited access to all our exclusive content - including 17 years of archives.
I am so confident you will love complete access to our content that today I can offer you 30 days access for $1.
It’s our best ever membership offer – just for you.
Dean Best, editor of just-food
Dean's offer to you
Risk-free, money-back guarantee
Most Popular
Insights
- Brexit: Threat to or chance for UK food security?
- How food companies in UK can increase R&D success
- Interview: Sustainability and Ajinomoto's growth
- Why Meatsnacks Group confident about prospects
- How's sustainability influencing food M&A?
News
- Italy's Ferrero to buy US candy firm Ferrara
- Earnings: Unilever ice cream woe
- Kraft Heinz to buy assets from Japan's Suntory
- Danone slient on Riboud exit talk
- Ferrero teams up with Unilever on Kinder ice cream
Market research
