Sano acquires the Komárom-based Solum Mezőgazdasági Zrt.

By: Trademagazin editor Date: 2020. 08. 16. 11:30

The Bavarian-owned Sano – Modern Takarmányozás Kft. will buy the Komárom-based Solum Mezőgazdasági Zrt. and will invest 12 billion HUF into the company, creating one of the most modern pig and cattle farms in the world – György László announced in Komárom on Friday.

The Secretary of State of the Ministry of Innovation and Technology responsible for Economic Strategy and Regulation said the deal was the first acquisition of foreign ownership in a strategic sector authorized by the government under a law to prevent hostile takeovers. (MTI)