Ukraine's Antimonopoly Committee (AMC) has allowed the Roshen confectionery corporation, which is among Ukraine's largest confectionery producers, to gain control over Hungary's Bonbonetti Choco confectionery.
As the AMC reported on Friday, the Roshen confectionery corporation received permission to buy a stake of over 50% in the Hungarian confectionery.
Bonbonetti Choco in July 2012 posted a press release on its Web site to announce the beginning of strategic cooperation with Ukraine’s Roshen Corporation. In particular, the press release said that the sides had entered into a strategic agreement, which “strengthens Bonbonetti brand and supports [Roshen Corporation’s] international expansion in Europe.”
Bonbonetti Choco is one of Hungary’s largest chocolate producers.
Roshen owns confectionery factories in Kyiv, Mariupol (Donetsk region), Kremenchuk (Poltava region), two factories in Vinnytsia, the Bershadmoloko dairy factory and Litynsky cattle breeding farm (both in Vinnytsia region), as well as the Lipetsk confectionery in Russia and the Klaipeda confectionery in Lithuania.
The corporation produces 200 types of confectionery products: chocolate and jelly candies, caramel, chocolate, biscuits, wafers, biscuit Swiss rolls and cakes. Its total production reaches 410,000 tonnes of confectionery per year.
