Competition Office clears meat company acquisition
Hungary’s Competition Office (GVH) on Monday said it cleared meat company Remobo Holdings’ acquisition of a controlling stake in Schneider-Group.
Remobo Holdings is a member of the Penta group, which has just one revenue-generating unit - Slovakia-based Mecom Group - which is present on Hungary’s meat market through its subsidiary Debreceni Csoport.
Schneider Group processes meat imported to Hungary. Much of it is sold as house brands of discount chains Lidl and Penny Market.
ADVERTISEMENT
Áder Flags Delay in Full-scale Rollout of Bottle Return Syst...
India's G20 Presidency, Dawn of New Multilateralism - Narend...
AutoWallis Exceeds Entire 2022 Revenue, Profit in 9 Months
TikTok Commits to Improved Consumer Communication in Hungary
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
