Kapuvári Hús on sale again
Investors have failed to pay the prescribed HUF 650 mln to buy Hungarian meat company Kapuvári Hús, therefore the deal is off, reported the regional daily Kisalföld today.
Earlier in May, anonymous Arabian investors had agreed to buy all assets of Kapuvári Hús and Kapuvári Bacon, two companies located in Kapuvár (close to the Austrian border). Both companies are under liquidation since autumn 2012.
The investors, who did not have a profile in the meat industry, failed to meet the 53-day extended deadline for payment. The National Reorganization Nonprofit company, which held six tenders to sell the meat companies, will cancel the purchasing contract, said its manager Csaba Kovács.
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