Latest News

Croatia meat group Braca Pivac now majority owner of confectioner Kras 22 Jan 2020

Kras, the Croatia-based confectioner, has revealed a change in the shareholding of its largest investor, local meat-processing business Braca Pivac.


Croatia's Kras not satisfied with Braca Pivac buyout offer 6 Nov 2019

Croatian confectioner Kras has responded to the buyout bid price put forward by one of its existing shareholders.


Croatia meat group Braca Pivac tables offer for confectioner Kras 28 Oct 2019

Braca Pivac, the Croatia-based meat processor, has launched its move to buy a local, listed confectionery business.


Croatia meat group Braca Pivac plans takeover of confectioner Kras 13 Sep 2019

Kras, the Croatia-listed confectionery group, is set to receive a takeover bid from its largest shareholder.


Croatian baker Mlinar sells majority stake to PE firm Mid Europa Partners 12 Apr 2019

Croatian bakery business Mlinar has sold a majority stake to a private-equity firm that seeks to help the retail and foodservice supplier expand internationally.


Croatian food company Atlantic Grupa sells sports nutrition arm to Germany's Genuport 2 Apr 2019

Croatian food company Atlantic Grupa has sold off its sports nutrition and functional food business unit.


Agrokor to be renamed Fortenova as operations set to resume 1 Mar 2019

Croatian food group Agrokor is to be renamed and will re-start operations under new management, it has announced.


Russia's Sberbank 'approached by potential buyers' over Agrokor stake 5 Dec 2018

Sberbank, the Russian bank which is an investor in Agrokor, has revealed conversations linked to its stake in the Croatian food producer and retailer.


Croatian court approves Agrokor's debt-settlement plan 29 Oct 2018

Croatia's High Commercial Court has approved a long-awaited debt-settlement plan for financially embattled consumer goods conglomerate Agrokor.


Agrokor creditors unanimously vote in favour of debt-settlement plan 5 Jul 2018

Creditors of Croatia's indebted consumer goods conglomerate Agrokor have voted more than 80% in favour of a debt-settlement plan, paving the way for a takeover by the previously announced Aisle Dutch TopCo.