DUKAT TO TAKE OVER IDEAL SHIPKA
National.
Croatia's leading dairy producer Dukat, majority-owned by French Lactalis, said on Tuesday it will take over the Macedonian dairy Ideal Shipka.
Dukat gave no details on the value of the transaction. The take-over will be complete as soon as the necessary acquisition terms are met. The acquisition is subject to approval by Macedonian Competitiveness Council.
Dukat is second largest importer of dairy products in Macedonia. As of May 2007, French Lactalis acquired a majority stake in Dukat.
MD: Ideal Shipka is the second largest dairy in Macedonia, established in 1997. It processes about 30 million liters of milk a year, and is a leading cheese producer in Macedonia.
[MakFax]
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