Atlantic Signs a Deal Worth More Than HRK 100m with Saponia and Kandit

To put things into a perspective, such a deal accounts for 1.9% of the Group’s trailing 12 months sales.

Atlantic published a document on the Zagreb Stock Exchange announcing that starting next year, Saponia and Kandit will entrust the distribution of their brands for the Serbian and Slovenian markets to the leading regional distributor.

The leading regional detergent manufacturer Saponia and the confectionery industry company Kandit signed a contract with Atlantic Group, ensuring business growth in 2020. By the beginning of January next year, the two companies will have entrusted the distribution of their brands for the Serbian and Slovenian markets to Atlantic Grupa as the leading regional distributor of fast-moving consumer goods. This contract marks the beginning of cooperation with an expected annual turnover of more than HRK 100m. To put things into a perspective, such a deal accounts for 1.9% of the Group’s trailing 12 months sales.

To read more about Atlantic Group click here.

InterCapital
Published
Category : Flash News

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