Zito to sell Gorenjka - Zvecevo, Kras and Swisslion Takovo are potencial buyers

Source: seebiz.eu Thursday, 12.07.2012. 13:06
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Ljubljana-based Zito started selling chocolate brand Gorenjka so Finance is dealing with the potential buyer issue. It is seen to be in the circle of regional companies. The business could total between 5 and 7 million euros.

In the last two years, Zito started selling chocolate brand Gorenjka započelo je prodaju čokoladnog brenda "Gorenjka" pa se Finance bave temom mogućeg kupca. Njega vide pre svega u krugu regionalnih kompanija. Posao bi mogao biti vredan između 5 i 7 mil EUR.

In the last two years, the value of these kind of companies has significantly decreased. Thus they are sold at price between 5 and 7xEBITDA.

Zvecevo might be the most serious buzer.

- We have not been in contact with Zito for two years. When we gather more information, we will make a decision. Generally speaking, we are interested – Zdravko Alvir, the first man of Zvecevo said.

He is sure that Gorenjka would supplement production of Zvecevo. Kras, Soko Stark, Swisslion Takovo and Pionir are among the interested buyes.

Atlantic Group, which owns Soko Stark, say that at the moment they are not planning to expand. David Dobnik, from Chocolate Attelie Dobnik is interested in Gorenjka.

Those who are familiar with the situation claim that it is not likely that any of the multinational companies will compete in Gorenjka.

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