Fortenova Group continues negotiations   

Fortenova Group continues negotiations

Fortenova Group continues negotiations

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Fortenova Group, the successor to Agrokor, announced that it is continuing negotiations on the sale of factories that produce frozen food, including Frikom from Serbia. As stated, "after receiving a number of non-binding takeover bids for Ledo Plus, Ledo Čitluk and Frikom, which together with several smaller affiliates form the Frozen Food Business Area, by inviting a number of selected bidders to begin a comprehensive analysis of the company, Fortenova Group has decided to proceed with the next stage of the sale process". The comprehensive analysis process is expected to be completed by the end of this year. The ultimate goal of Fortenova Group, according to the Chief Executive Officer and member of the Board of Directors Fabris Peruško, apart from maximizing value, is to choose a strategic partner that will give the greatest contribution to further development of frozen food production.  

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