Sweet success for Schwedenbomben planned

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Finance

The owners of the popular sweet manufacturers Schwedenbomben recently rescued from insolvency after it was sold to Heidi Chocolat S.A. are planning to invest heavily to allow for expansion into new markets. The new owners say that the expansion plans mean that they are hoping to increase production by 70% and that means that even […]

Niemetz takeover deal sealed

Categories
Business

The Romanian Meinl subsidiary Heidi Chocolat will take over the insolvent Viennese Schwedenbomben manufacturer Niemetz. The money is said to have already been transferred to the liquidators. Roman Tahbaz of the 1980 credit reference agency (KSV) said that the purchase and the authorisations were now legally valid. Heidi Chocolat paid 5.25 million Euros for the […]