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Kocian Solc Balastik 

July, 2007 - Prague 1, Czech Republic

 

 

Czech law firm member Kocián Šolc Balaštík represents FONTERON HOLDINGS LIMITED in sale of majority interest in Heli Food Fresh

 

Kocián Šolc Balaštík represented FONTERON HOLDINGS LIMITED in sale of a majority block of shares in HELI FOOD FRESH a.s., a leader on the Czech ready-made meals market, and in establishment of a joint-venture between shareholders of this company. Bakkavor Group, a major UK provider of cooled precooked food, bought the shares and became partners with FONTERON HOLDINGS LIMITED in the joint-venture.

Bakkavor Group operates in seven countries, employs more than 17,000 people and produces more than 4,700 products in 17 product categories. So far it has not been active on the Czech market. The acquisition will be a significant contribution to extending its operation on the fast growing ready-made meals market in Central Europe.


 

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