Bella Bulgaria denies purchasing Hungary's Marathon Foods

Bella Bulgaria denies purchasing Hungary's Marathon Foods

Food processing company Bella Bulgaria said that it has acquired assets from Hungarian peer Marathon Foods but not the company itself, contrary to a previous statement.

"BELLA Bulgaria SA states that our company has never acquired Marathon Foods Kft. as a legal entity," the company said in an e-mailed statement earlier this week, prompted by a request from a Marathon Foods representative.

"In accordance with the agreements achieved during the negotiation process between Bella Bulgaria SA and Marathon Foods Kft. our company acquired production lines, technical equipment, as well as rented factory space along with related infrastructure," Bella Bulgaria added.

 

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