DAIRY: Dukat Acquires Majority Share in Ljubljanske Mlekarne

Following approval of the Slovenian Competition Agency, the Lactalis Group has, through its Croatian subsidiary Dukat Inc., acquired 50.3% in Ljubljanske mlekarne Inc., the leading processor of milk in Slovenia.  The shares were acquired from NFD Holding, Factor Banka, Mutual Fund KD Delniški Dohodkovni, KD Banka and Sava.

By acquiring a majority stake in the dairy, Lactalis Group becomes the largest producer of dairy products in Slovenia and further strengthens its leading market position in the South Eastern European market.  The Zagreb Stock Exchange has announced that Dukat intends to make a public offer for the remaining shares in Ljubljanske mlekarne…

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