Podravka ready for acquisitions in the region, new target - Centroproizvod?

"We did not want people to know that we are interested in Aleva and Bambi, but when we arrived in Serbia, everybody already knew why we came. The news has also reached our companies that operate in that market", Podravka's manager and member of the team of the Koprivnica-based food company for the talks with representatives of aforementioned companies told Croatia's Vecernji List daily newspaper.

What can be learned from unofficial talks with the people close to the management of Podravka is that the company is really interested in Aleva, but that acquisition is still far from happening. On the other hand, talks with the owners of Bambi, run by Salford, were, allegedly, much more serious and the price of EUR 80 million was mentioned.