Podravka takes over Fortenova’s food division

By: Trademagazin editor Date: 2024. 09. 17. 10:13

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Croatia’s Podravka has agreed to acquire the food companies of the Fortenova Group. The deal is subject to approval by the Croatian competition authority and other regional regulators. The buyer paid a deposit of EUR 15m for the acquisition of six agri-food subsidiaries of Fortenova. Following the acquisition, the companies will be part of Podravka Agri.