Orkla Foods Romania Takes Over Bucharest-Based FDS
Foods maker Orkla Foods Romania (OFR) on Tuesday announced it has taken over Bucharest-based distributor maker Food Distribution Services (FDS).
“We have made this investment because we saw an opportunity on a segment with potential. Through this partnership, FDS will benefit from the group’s experience in sales, promotion and distribution,” said Manuela Banu, general manager of Orkla Romania.
The three shareholders that sold the firm (Codrin Daczo, Eugen Iftimi and Maria Apostu) will stay on as managers and they will maintain the organization structure.
Food Distribution Services was founded in 2008 and it has 39 employees. The company posted sales of some EUR4.6 million in 2010.
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