date:Feb 25, 2014
in Central and Eastern Europe, with top market positions across the Adria region. The combined company will achieve around 7 billion of annual revenues and employ over 60,000 people'.
'Through the combination of operations, both companies will benefit from increased scale and synergies, resulting in increased profitability and cash flow generation'.
Commenting on the acquisition, Ivica Todorić, Agrokor president, said, This combination represents a compelling business opportunity to create a