HAK

KDV Group, the Russia snacks, and confectionery firm, has agreed on a deal to become a leading shareholder in Hak, the Dutch vegetable business, by signing a preliminary purchase agreement to acquire a stake previously held by NPM Capital. KDV Group operates 15 factories and has a workforce of more than 20,000 employees. It sells its products in 35 countries, mainly in Eastern Europe, Russia and China. The company’s principal …

HAK, a Dutch manufacturer of preserved vegetables and fruit, is bolstering its position on the German market with the majority acquisition of food distributor Foodeko. According to a report in Levensmiddelenkrant, HAK’s parent company Neerlands Glorie Groente en Fruit has taken a 51% stake in Foodeko to form a new joint venture called HAK-Foodeko. The owners of the new business reportedly have plans to expand the business and double its turnover …