Unilever, a Dutch-Anglo consumer goods company has announced that its South Central European Division has acquired Darko from the Balkan Accession Fund (BAF). Darko is the second largest ice cream maker in Bulgaria. Final approval from the Commission on Protection of Competition is all that is left to close the deal.
Darko (www.darko.bg)
Darko was founded in 1991 and is headquartered in Sofia, Bulgaria. In 2006 the company faced bankruptcy and was purchased by BAF. Since the buy-out, Darko has risen to the second largest ice cream maker and distributor in Bulgaria. The company directly employs 80 people in the manufacturing plant and many more in the nationwide distribution centers.
Unilever (www.unilever.com)
Unilever was started in 1890 as a dish soap company. Since then, it has taken the vision of its founder to create a healthier and happier life for all who use their products, and have become a leading international company.
Unilever products are sold in 180 countries. The company has over 167,000 employees, and over 50% of its products come from developing markets. Unilever has an unprecedented commitment to the environment and to company growth.
12/08/2011
Bulgaria, Central & Eastern Europe, Exit, Food Industry and Beverages, Private Equity News