Croatia's Atlantic Group, Austria's Rauch sign EUR 4.9mn deal.

By bne IntelliNews September 24, 2010
Croatia's FCMG distributor Atlantic Group signed a HRK 36mn (EUR 4.9mn) deal with Austria's juice and tea producer Rauch for distribution of Rauch's products in the country. Atlantic Group, which is also food supplements and cosmetics producer, reported a consolidated net profit of HRK 77.8mn (EUR 10.8mn) in H1. The sales revenues increased by 1.4% y/y to HRK 1.07bn in H1. Most of the sales of the group (55%) were made on the domestic market.

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