The businessman is looking at food industry segments other than ice cream. In each deal, regardless of the sector, the seller has a clause in the contract that the buyer put there, prohibiting them from going into the same industry for a few years. However, food production is more than ice cream production, with a lot of other options besides ice cream.
“Me returning with an investment from scratch in the food industry (other than ice cream i.e.) is not out of the question, given the market, the COVID-19 pandemic. Nothing is out of the question; things are changing in the business and I am open to opportunities. There may also be other sectors than food, if opportunities arise,” Vasile Armenean said without elaborating further.
(English version by Loredana Fratila-Cristescu)