Danone, the French food products company known worldwide for its Danone Yogurt and Evian bottled water, is apparently interested in the Serbian dairy industry. Danone is currently talking with Salford Capital Partners, owners of Danube Foods Group, about acquiring two of its dairy companies in Serbia. Salford officials confirm the talks with Danone but say there are other potential investors they are also communicating with.
Imlek A.D. (www.imlek.rs)
Founded in 1953, Imlek A.D. is one of the leading dairy operations in Serbia and Montenegro, producing yogurt, butter, sour cream, various milk products, and dairy substitutes. Imlek buys its milk from 14,000 Serbian farms who meet European quality standards. The company has manufacturing operations in Serbia, Montenegro, Bosnia, Herzegovina, and Macedonia.
Salford Capital Partners (www.salfordcapital.com)
Founded in 2001, Salford Capital Partners is a private equity firm investing primarily in Central & Eastern Europe and CIS. Salford is 100% employee owned and manages USD 750 million in investment capital, via general and limited partnership structures.
Currently, Salford has offices in Moscow, Tbilisi, Kiev, Belgrade and London and employs approximately 35 professionals.
06/10/2009
Central & Eastern Europe, Food Industry and Beverages, Montenegro, Rumors & Speculation, Russia, Serbia