Three Hungarian private equity fund managers bought Gallicoop Zrt.

By: Trademagazin editor Date: 2020. 09. 11. 11:30

The Gallicoop Zrt. was acquired by three Hungarian private equity fund managers, bringing the company’s 100 percent stake to Takarék, Béta and Status Food Private Equity Fund – Csák Gyula, the newly elected Chairman of the Board of Gallicoop Zrt. told.

According to their announcement, the newly elected Board of Directors of Gallicoop Zrt. entrusted Muzsek András with the duties of the CEO, who also was the CEO of Sága Foods Zrt.

Muzsek András emphasized that in order to maintain Gallicoop Zrt.’s leading position in the domestic market and successful regional expansion, he intends to maintain and further strengthen the integration of more than 100 producers in the future. (MTI)