11 October 2007 - Croatia's leading dairy producer Dukat, part of Lactalis, has invested 2 million euro to the boost production capacity of a Bosnian company it recently acquired - Inmer.
Dukat said it would keep Inmer’s “MIG” brand and its production range. However, the Croatian firm also intends to introduce its own brands and new products.
In September, FLEXNEWS reported that Lactalis would invest 5 million euro in Dukat over the next 18 months to boost production.
In July, Lactalis completed the acquisition of a 91.5% stake in Dukat from Croatian businessman Luka Rajic for 2 billion kuna (274.4 million euro).
Dukat, which changed its name from Lura, posted sales of 2.2 billion kuna in 2006, roughly unchanged from 2005.