Friesland Coberco looks to complete Romanian move

Posted 8 April, 2004
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THE NETHERLANDS – Dairy company Friesland Romania, a subsidiary of Friesland Coberco Dairy Foods, has made a public offer for the remaining of the shares of Romanian dairy Napolact.

Friesland Romania already owns 41.58% of Napolact’s shares, and expects its offer to obtain more than 50% of the remaining shares, resulting in the delisting of the company from the stock exchange.

Napolact operates five factories, is located in Cluj province, and has an annual turnover of