IMAP is pleased to announce that BLBH Invest GmbH has acquired Bos-Agro Food from Nordic Food Group. Terms of the transaction were not disclosed.
Bos-Agro Food is the leading wholesaler of cultivated and wild-growing raspberries and other berries in Bosnia and Herzegovina. Its products are almost exclusively distributed in Scandinavia. Employing a total of 130 staff, the company owns and operates 4 state-of-the-art freezing and storage facilities located in the main fruit-growing regions of Bosnia and Herzegovina, with a storage capacity of 5,120 tons. The entire value chain, including supply, processing, and distribution, is fully integrated and certified to the highest European standards.
BLBH Invest GmbH is a family office based in Vienna, Austria, that focuses on investments in small to medium-sized companies with high growth potential in the SEE and DACH regions. With this acquisition, BLBH Invest has gained access to the Scandinavian markets.
The IMAP Southeast Europe team, led by Kemal Sikirić and Edisa Zorlak, acted as financial advisor to Nordic Food Group throughout the sale process.
Guilherme Paulino, Carlos Braga, and Marcelo de Forbes Kneese, at Brasilpar (IMAP Brazil) share thoughts about the crucial assistance their Debt Advisory team is currently providing to clients to ensure their businesses survive the pandemic.
Despite the outbreak of Covid-19, we believe that there is strong momentum in the market with ample M&A activity.
It is with great sadness that we inform you that Monday 18 May 2020, our friend and former partner Peer Joosten passed away.