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Graal's fishy business is set to become a market leader

2007-09-14 00:00
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2007-09-14 00:00
This time the concern purchased one of its major competitors with a strong brand name and two modern processing plants. "We have signed an agreement for the purchase of a 100% stake in Superfish from the Norwegian Orkla Group.

We will finalize the transaction using our own capital," said Graal's financial director, Robert Wijata. Due to the acquisition the company is fine tuning its strategy which will be revealed by the end of November. Superfish generated revenues of zł.130 million last year, which means that Graal which forecasted revenues of zł.360 million for 2007, is likely to generate zł.500 million this year, making it one of the leading players on the food market. (Puls Biznesu, pp. 1, 12; Parkiet, p. 11) A.K.


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