Making good on its public plans to consolidate the fractured frozen foods market in Poland, Penta Investments has announced a merger deal with Ipopema FIZ that will combine two of their respective holdings. The merger will bring together Penta’s Iglokrak and Ipopema’s Iglotex to create Poland’s largest frozen foods distributor. The heavily fractured Polish market [...]

After receiving approval from Poland’s Office of Competition and Consumer Protection this past May, Penta investments has announced the completion of a deal to acquire 100% of Iglokrak Group, a producer of frozen foods and ice cream. Penta’s goal since the process began earlier this year has been to consolidate what it sees as a [...]

Penta Investments and Polish frozen food company Iglokrak reached an acquisition deal in late February which was put on hold pending government approval. The deal can now go through as the Polish Office of Competition and Consumer Protection (UOKiK) and the Slovak Republic’s Antimonopoly Office have given the geen light. The acquisition is especially important [...]