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Royal FrieslandCampina and Danube Foods Group end talks on acquisition of Imlek and Mlekara Subotica

25. May 2012. | 07:16

Source: Emg.rs

Danube Foods Group, owner of Imlek, Mlekara Subotica, Bambi Banat and Knjaz Milos is considering the possibility of further consolidation of food and beverage industry with Imlek as the anchor of further integration.

On 2 February 2012 Royal FrieslandCampina and Danube Foods Group announced that they had signed a memorandum of understanding regarding Royal FrieslandCampina’s intended acquisition of Imlek and Mlekara Subotica, two dairy companies in the Western Balkans.

The parties were unable to reach agreement on the terms of the transaction and have therefore agreed to end the talks.

Danube Foods Group, owner of Imlek, Mlekara Subotica, Bambi Banat and Knjaz Milos is considering the possibility of further consolidation of food and beverage industry with Imlek as the anchor of further integration.

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