date:Apr 23, 2012
Raisio has announced its plans to acquire Polish pasta company Sulma. Under the agreement, Raisio will acquire Sulma's pasta and buckwheat groats operations as well as fixed and current assets.
The deal, which is valued at 2.4m, is expected to increase Raisio's presence in Polish market and strengthen its pasta product portfolio. The purchase price will be paid in cash and Raisio will not assume liabilities of the acquired company.
Sulma is one of the leading Polish pasta brand, particularly in