The company’s statement thus confirms the news published by Ziarul Financiar early January, citing market sources.

The transaction is pending approval by the Competition Council.

This acquisition facilitates the approach by the Polish company of some new product categories such as crackers, brezels, salted biscuits and rolls. Romanian snacks market is estimated at almost RON200 million (EUR45 million).

Tymbark Maspex Romania is part of Polish group Maspex Wadowice, one of the largest food producers in Central and Eastern Europe.