Fortenova Group nurtures open and transparent communication
18.53 percent of Mercator shares transferred to Fortenova group03/31/2021
On Tuesday, 30th March 2021, the process of transferring the shares of Poslovni sistem Mercator to Fortenova Group has started. The shares held by Sberbank in Poslovni sistem Mercator were swapped for shares in Fortenova Group and thus 18.53 percent of Mercator shares were transferred to Fortenova Group.
“Yesterday’s commencement of the Mercator share transfer to Fortenova Group and the divestment of the Frozen Food Business Area concluded on Monday are part of Fortenova Group’s portfolio optimization intended to strengthen and consolidate the capital structure and key areas in which Fortenova Group is market leader. Once the Mercator share transfer to Fortenova Group is completed, together with Mercator Fortenova Group will be the indisputable regional market leader in retail, with significant capacity for investments and further growth” – said Fabris Peruško commenting on the commencement of the Mercator share transfer procedure.
Peruško also pointed out that in the year of the pandemic Fortenova Group companies have been key in securing the provision of supplies for customers on the markets of their operation, also due to thousands of large and small, local and international suppliers that Fortenova Group companies have had long-standing and stable business relations with.
“The forthcoming integration of Mercator with Fortenova Group’s retail is a great opportunity for all key suppliers” – Peruško emphasized, adding on the report of the Slovenian Extraordinary Commissioner at Mercator published on Wednesday which has confirmed full compliance of Mercator’s operations with the Slovenian Lex Mercator. The Report points out that Mercator has offered its strategic suppliers in Slovenia to sign long-term cooperation agreements, signed by all those who have found their business interest in such agreements.
" Agrolaguna is a company engaged in winemaking, olive growing and cattle farming on 1200 ha of cultivated land. "
" Konzum is the leading retail chain in Croatia with 700 stores serving more than 650.000 customers daily. "
" Belje is the biggest agricultural company in the region with 20,000ha of arable fields and cattle raising on over 20 farms, which ensures From field to table product traceability for Belje cheeses, traditional cured meat products and wines. "
" Jamnica is the largest Croatian producer of mineral and spring waters and soft drinks with tradition spanning 180 years. "
" Ledo is the largest manufacturer of industrial ice cream and the largest distributor of frozen food in Croatia. "
" PIK Vrbovec is the leading company in Croatian and region's meat industry with 80 years of tradition in the production and processing of meat products. "
" Zvijezda is the largest producer of edible oils in Croatia and the only producer of margarine, vegetable fat, mayonnaise and delicious mayonnaise-based products and ketchup in Croatia. "
" Tisak is the biggest retail newsstand chain with over 900 locations and Croatia's leading distributor of print and tobacco products, prepaid top-up cards, telecom operators' start packages and other products. "