Agrana to acquire Mercator-Emba from Fortenova.

Agrana, an industrial company, agreed to acquire Mercator-Emba, a manufacturer of various food products, from Fortenova, a real estate company. Financial terms are not disclosed. “Fortenova Group has been actively reshaping its portfolio to focus on key activities that deliver products and services directly to end consumers. In that context, we firmly believe that Agrana is the right environment for Mercator Emba, a strong and successful company known for the exceptional quality of its products and its role as a reliable supplier to some of the most prominent companies on the EU market. We are convinced that Emba, as part of a company with extensive expertise in B2B solutions for the food industry, will not only maintain its high standards but continue to improve. I would like to point out that we are exceptionally satisfied to have found a partner that shares our values and recognizes the strength of the Mercator Emba team. We are certain that Emba’s extraordinary employees with their professional approach, experience and personal qualities will make a valuable contribution to Agrana and continue to build the company’s success,” Fabris Peruško, Fortenova Group’s Chief Executive Officer and Member of the Board of Directors.