Latest News

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.


Russian banks set for almost half of Agrokor 21 Jun 2018

Two Russian banks could hold almost 50% of the embattled Croatia-based food manufacturer and retailer Agrokor, the largest business in the Balkans set to come under the ownership of its creditors.


Agrokor confirms creditor approval for takeover 20 Jun 2018

Agrokor, the Croatia-based food manufacturer and retailer, has secured the backing of creditors for the sale of the embattled business.


Agrokor moves a step closer to debt deal, paving way to new company Aisle Dutch TopCo 1 Jun 2018

Indebted Croatian consumer goods conglomerate Agrokor said it has reached an agreement with creditors that will see it restructured into a new Dutch-based company.