IK 2007 to sell Agros Nova

The IK 2007 Fund has reached an agreement to sell the remaining parts of Agros Nova.

Headquartered in Warsaw, Agros Nova is a leader in all three of its business segments, comprising fruit and vegetable preserves, ready-made food and non-carbonated beverages. Following IK’s acquisition of Agros Nova in 2010, the Company has improved its leading position in strategic product categories mainly via product innovations, relaunch of key brands and reorganisation of its sales force.

SPEAS has made an investment commitment of EUR 25m to the private equity fund IK 2007.

View the press release from IK Investment Partners here