The Bonduelle Group has today announced the conclusion of negotiations regarding the acquisition of the agro-industrial and commercial assets of French co-operative CECAB in Russia and in the countries of the Commonwealth of Independent States (CIS). This acquisition, which has already been planned in October, should take effect in Q1 2012 for the start of the sowing season thus assuring the 2012 harvest. It is however still subject to the agreement of the Russian competition authorities.
Source: www.freshplaza.com