Atlantic Grupa Focusing on Integrating Droga Kolinska Acquisition
Atlantic Grupa, Croatia’s biggest food and healthcare company, is focusing on integrating its recent acquisition of Droga Kolinska, the largest branded food company in Slovenia. The Eur382m deal created one of the largest branded food companies in the south-east region of Europe.
According to Emil Tedeschi, chief executive of Atlantic Grupa, the company has no plans for further takeovers before 2012 at the earliest.
In addition to its leading position in Croatia, Atlantic Grupa also has a strong presence in neighbouring countries after expanding through a successful series of acquisitions in south-eastern Europe, Germany and the UK. The company’s production is focused on sports food, personal care products, vitamin drinks and food supplements, while its distribution activities cover a wide range of leading international consumer brands.
Droga Kolinska has subsidiaries in seven countries and 14 production facilities throughout south-eastern Europe.