date:May 23, 2019
Bulgarian food producer Bella has acquired Hungarian food producer and supplier Marathon Foods in a deal valued at BGL12m ($6.8m).
The acquisition gives Bella Foods an active presence in the supply of food products to markets in Western Europe.
Founded in 1992, Marathon Foods has been supplying its products to multinational retail chains and has a portfolio of traditional Hungarian food.
Bella Bulgaria CEO Elsa Markova said: We launched the year with a large-scale investment programme in all