Hungarian cannery Globus has completed the sale of the Bekescsaba production assets and real estate of Csabai Cannery to French food company Bonduelle.
The financial terms of the agreement, which was signed last October, have not been disclosed. Globus said proceeds from the sale are to be used to cover the costs of planned acquisitions, reported Interfax.
Sign up for our daily news round-up!
Give your business an edge with our leading industry insights.
Just Food Excellence Awards - Have you nominated?
Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!
Nominate Now