T roubled Hungarian canned food producer Globus has sold its meat processing unit to HamĂ©, the largest food group in the Czech Republic. HamĂ©, acquired by Nordic Partners Food & Beverage in 2008, already operates a unit in Hungary. The addition of the Globus unit is expected to increase the company’s Hungarian production by two or three times.
In addition to Hungary, the company also operates in Russia, Poland, Ukraine, Romania and Slovakia.
Globus Meat Processing Unit
Globus Foods meat processing unit is one of two that make up the company’s core business; the other unit being deep frozen and canned vegetables. Globus officials recently decided to end production and marketing of meat products after the unit suffered continued losses over the past few years. Meat processing accounted for 20% of Globus revenues but continuing decline in demand, coupled with drastic cost increases, made it unprofitable. The unit’s headquarters and processing plant are located in Budapest with nearly 200 employees.
Hamé a.s. (www.hame.cz)
Hamé is the largest Czech producer of canned food. Hamé produces also ketchups, pates, jams and baguettes.
Nordic Partners Food & Beverage
NPFB began in 1995 as the food products arm of Nordic Partners Investment Group. Today NPFB is recognized as an industry leader as well as the fastest growing food & beverage group in Northern and Eastern Europe. The acquisition of Hame adds to an impressive portfolio including well known brands like Laima, Pedro, Gutta and Artur.
