Czech Republic: Agrofert Takes Over German Bakery Chain Lieken

Published: February 25, 2013; 16:05 · (Vindobona)

Barilla, the world’s leading manufacturer of pasta products, announced that it had fixed a deal with the Czech company Agrofert to sell the German baking enterprise, Lieken AG.

Czech Republic: Agrofert Takes Over German Bakery Chain Lieken / Picture: © Flickr

There have not been any disclosures about the financial details between the Italian pasta maker and Agrofert which have yet to be approved by the EU. Barilla already announced last year in June that the company intended to focus on its core products and higher-margin food products and was actually trying to sell Lieken AG.

The former Kamps AG, founded in 1982 in Düsseldorf by…

This article includes a total of 188 words.

or Log In