HUNGARY: Local company to buy FrieslandCampina’s plant | Progresiv

Dutch-owned FrieslandCampina Hungária, which also produces Hungary’s well-known sweet Pöttyös Túró Rudi, is selling its Debrecen-based plant to Hungarian Alföldi Tej, Hungarian online daily index.hu reported citing data from the Competition Office (GVH).

According to Index, GVH said that the two parties agreed on the purchase on February 26. The agreement states that Alföldi Tej will acquire the plant, the facilities and also the employees working there. Alföldi Tej will keep producing some of the products FrieslandCampina produces in the plant. According to Index, brands and trademarks were not discussed in the agreement. (www.bbj.hu)