ADVERTISEMENT

Spar acquires meat company Zimbo Perbál

Deals

ricochet64 / Shutterstock.com

Supermarket chain Spar Magyarország on Monday said it acquired meat company Zimbo Perbál for an undisclosed consideration, according to a report by state news wire MTI.

Image by ricochet64 / Shutterstock.com

Spar will harmonize the operations of its existing meat plant, Regnum, with Zimbo Perbálʼs and sell its products in its stores.

Zimbo Perbál will be renamed Regnum Husuzem Perbal, and its 200 staff will continue to work for Spar, raising the headcount of the supermarket chainʼs food production division to 600. Spar will upgrade technology at the plant and bring it up to ISO 22000 within two years.

Swiss-owned Zimbo Perbál had revenue of close to HUF 7.6 billion last year, public records show.

Both Regnum and Zimbo Perbál are located on the outskirts of the capital.

MNB Issues Instructions to Prevent Online Personal Loan Frau... Banking

MNB Issues Instructions to Prevent Online Personal Loan Frau...

Hungary Solar Capacity Climbs Over 6,700 MW Government

Hungary Solar Capacity Climbs Over 6,700 MW

New Tenants at Academia Offices Office Market

New Tenants at Academia Offices

Visitor Numbers, Guest Nights Climb in H1 Tourism

Visitor Numbers, Guest Nights Climb in H1

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.