Orkla has signed an agreement through its subsidiary Hamé to purchase Czech Republic-based frozen vegetable producer Agrimex.
Hamé operate across the Czech Republic and Slovakia markets in the liver paté, ready meals, ketchup, jam, baby food and tinned vegetable categories.
Atle Vidar Nagel Johansen, chief executive of Orkla Foods, said: “Agrimex and Hamé are a good fit. We are market leader in several categories in the Czech Republic and Slovakia, and by purchasing Agrimex we will also acquire a solid foothold in frozen vegetables. Furthermore, we are strengthening our position in the out-of- home sector since more than one fourth of Agrimex’s sales are made through this channel.”
Agrimex has a production plant in Panenské Břežany, north of Prague. Local Czech farmers in the factory’s vicinity supply raw materials and products are then sold under the Dione, Dione Premium and Agrimex Foodservice brands.