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Swisslion Takovo acquires Eco Organic Life

02. September 2008. | 09:15

Source: EMportal

The Swisslion Takovo concern has acquired 70 percent of the capital in Eco Organic Life from Surcin.

The Swisslion Takovo concern has acquired 70 percent of the capital in Eco Organic Life from Surcin.

The owners of both companies did not wish to disclose the value of this transaction, claiming that this was a business secret, while the owner of Swisslion Takovo - Rodoljub Drakovic - said that it was somewhere around a couple million euros.

Eco Organic Life is the biggest egg producer in the country, and eggs are one of the raw materials Swisslion needs the most.

Draskovic also announced new investments in Eco Organic Life, such as the automated production of powdered eggs and an egg collection, selection, marking as well as checking system.

Eco Organic Life owns a livestock food factory in Surcin with a capacity of 20 tons of livestock food per hour.

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