Hame Group realized an acquisition of AGRIMEX Vestec a.s., the largest Czech producer of frozen vegetables, vegetable mixes, fruit and other frozen ingredients.
"The acquisition of AGRIMEX is a big thing for us. In several of our segments we are domestic market leaders. By the purchase of that progressive Czech food company, we are entering into an entirely new category of frozen foods that will naturally complement our existing portfolio of pickled vegetables, in which we are the largest player in the country. Thus we are opening a new distribution channel," Martin Štrupl, Hame Group’s CEO, commented on that purchase. "The production of AGRIMEX is very modern and automated and, moreover, takes raw materials from local Czech farmers, which is an advantage," Martin Štrupl added.
The AGRIMEX production plant in Panenske Brezany, which lies near the fertile growing regions of Litomerice and the Elbe valley less than 10 km north of Prague, is thus becoming the eighth in order Hame’s production plant in the Czech Republic.
"We have long considered what to do next with the firm. After all, we had established it more than 20 years ago and we felt that we’ve gotten it as far as we could, and that the company now needs a new impetus. The merge of AGRIMEX and Hame makes strategic sense and is mutually convenient. Hame as a renowned Czech company has the right know-how and the resources to enable AGRIMEX further develop thanks to that connection. And as a company with a strong position on the Central European markets, Hame will certainly be able to get AGRIMEX products to new customers and new markets abroad," says the current owner Ryszard Nemoudry.
AGRIMEX was founded in 1995, and currently has nearly 70 employees. In 2016, its sales reached CZK 260 million.The company will be fully integrated into the Hame Group which is since December 1, 2017, part of the Orkla Group.
Both parties have agreed not to disclose the purchase price.
AGRIMEX Vestec a.s. is the biggest Czech producer of frozen vegetables, vegetable mixes, fruit and other products. It processes a variety of fresh produce from local suppliers (e.g. peas, spinach, cabbage, celery, zucchini, peppers, herbs, blackberries, apricots etc.) which, when frozen, are perfect basis for cooking. The portfolio of AGRIMEX, which was founded in 1995, contains more than 150 items, including herbs, mushrooms, ice creams and fruit purées. Its products are the winners of the Klasa award. It sells its products under the brands Dione, Dione Premium and AGRIMEX Foodservice, and supplies even the HoReCa region, especially hotels, restaurants, cafeterias and pastry shops. In 2016, the modern cold storage facilities of AGRIMEX dispatched more than 9,000 tonnes of frozen foods and the total revenues of the company amounted to CZK 260 million. At the most modern frozen food production and warehousing site in the Czech Republic, which AGRIMEX put into operation in 2006 in Panenske Brezany near Prague, high technology operate, guaranteeing particularly gentle and quick processing and repackaging of mainly Czech vegetables and fruits. Products are supplied also by regional farmers from the fields in the vicinity of the production plant itself. Thanks to that, the process of processing Czech produce, that are harvested in the phase of the maximum maturity, takes place only in the order of hours, moreover, no artificial preservatives, colourings or stabilizers are added. Read more about AGRIMEX on www.agrimex.org and www.mojedione.cz.
About the Hame Group:
Hame is a prominent Czech food company producing durable, cooled and now newly also frozen foods. Since 2016, Hamé is part of the Norwegian Group Orkla. The company's tradition dates back to the 1920's. Hame has been continuously extending its production programme in compliance with the requirements of modern dining, and its product portfolio has been gradually extended to 1,700 different types of products: pates, spreads, tinned meats, ready meals, vegetable products, fruit mixtures, jams, stewed fruits, baby foods, baguettes, sandwiches, ketchups, tartar sauces, mayonnaises, syrups and other. Hame exports products to about 40 countries worldwide on five continents, and offers products also under the brands Majka, Otma, Apetit, Vesela Pastyrka, Znojmia, Hamanek, Simply Fresh, DOMA and Vasco da Gama. In its plant in the Czech Republic and abroad, Hame currently employs more than 2,000 workers, and is among the greatest Czech and Central European food producers. The company’s net sales in 2016 achieved CZK 5.231 billion, which was 2.7% more than in the preceding year. The registered office of the company is in Kunovice near Uherske Hradiste.Hame also encourages healthy lifestyle; since 2013 it is the main partner of the Czech biathlon. Read more on: www.hame.cz and www.hame-eshop.cz.