Flint Group’s acquisition of packaging ink manufacturer Torda this week marks the company's third move in the last 12 months, as part of its strategy to expand in Central and Eastern Europe (CEE).
Frozen food supplier Lantmännen Unibake has sought to strengthen its position in Central Europe with the acquisition of a Hungarian bakery from the milling group Elsö Pesti.
Mondi said it has completed the switch of its corrugated and recycled containerboard packaging operations away from western Europe in a bid to combat overcapacity in region and cut costs.
European confectionery private label market share is continuing to
grow strongly, according the latest statistics by Neilsen for the
Private Label Market Association.
Belgium and France remain top places for locating distribution or
logistics centres, while Eastern European companies are moving up
in rank as retailers expand in the region, according to a
consultancy report.
Double-digit growth rates are expected in the beverage sector
throughout central and eastern Europe over the next decade, fuelled
by growing consumer spending power and the arrival en masse
of major western drinks groups. But it is...