:. Food Industry News

Categories: Mergers and Acquisitions

Germany: Drinks Firm Eckes Acquires Remaining Shares in Fruit Juice Subsidiary

Source: FLEXNEWS
06/12/2006

6 December 2006 - The German financial press reports that beverage producer Eckes AG has acquired a 26% stake in its fruit juice-making subsidiary company Eckes-Granini Gmbh & Co KG from Melitta GmbH & Co KG.

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The purchase price was not disclosed. However, the acquisition now enables Eckes to have total control over Eckes-Granini.

According to one report, Melitta wants to concentrate on its core operations, which are coffee and household products.



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