Kubo Ice Cream shareholders negotiate sale - Azi

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The producer of Amicii ice cream could be taken over by a foreign private equity fund for 20 million euros, sources from the market told ZF.

Shareholders of Kubo Ice Cream, one of the top five ice cream producers on the local market, with annual sales worth over 1 million euros, are in talks with several investors to sell the company. According to the quoted sources, the three Kubo shareholders, Florin Rosescu, Vasile Mancas and Constantin Brau Ros, are in advanced talks with Austrian private...

Read the whole story in: Ziarul Financiar