Hamé and Nordic merge

The biggest Czech canned food manufacturer Hamé merged with the Icelandic investor Nordic Partners. Financial details of the merger have not been disclosed. Nordic Partners currently runs food producing companies in Lithuania, Latvia and Poland; the board chairman of the Icelandic company Leo Gunnarsson said his company was not considering closing down any of Hamé’s plants. After the merger with Hamé, the group will be producing 170,000 tonnes of food products and 100 million litres of beverages annually. Its annual sales are estimated at 10 billion crowns, or more than 626 million U.S. dollars.

Author: Jan Richter