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Agrana Aims for Expansion into Balkan Region

Published: April 23, 2012; 17:05 · (Vindobona)

The Austrian sugar and starch company Agrana is looking for acquisition targets in the Western Balkans.

Agrana Aims for Expansion into Balkan Region / Picture: © AGRANA Beteiligungs-AG

Agrana´s CEO Johann Marihart: “We want to grow in the Balkan region.” The Greek Hellenic Sugar, which is massively over-indebted, has two subsidiaries in Serbia. For Marihart, these companies may be an attractive acquisition target. Also in Croatia, potential growth targets are observed. An acquisition of Hellenic Sugar is no option for Marihart, however. The perspectives in Greece…

This article includes a total of 128 words.

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