Binder Grösswang advises Gittis Naturprodukte GmbH on the purchase of Sunray d.o.o, and indirectly a production plant in Mirna, Slovenia
Binder Grösswang advised Gittis Naturprodukte GmbH on the purchase of Sunray d.o.o., from Atlantic Droga Kolinska, Živilska industrija, d.o.o., and thereby indirectly a production plant in Mirna, Slovenia.
Gittis plans the long-term operation of the Mirna production plant and investments in new technology as well as the retention of its employees.
Binder Grösswang Partner Michael Kutschera und Philipp Kapl: „We are happy to support Austrian businesses in expanding internationally. The investment is a perfect fit for Gittis and will ensure prosperity for the site and its employees.”
About Gittis
Gittis was founded in 1957 and is a renowned Austrian company manufacturing baby food, cereals and bars as its core business. The company has become an important, highly reputed and reliable producer and partner for numerous international customers.
The transaction team was led by partner Michael Kutschera and further included partner Philipp Kapl and associate Alexander Scharkosi from Binder Grösswang’s Corporate / M&A practice group. Furthermore, Gittis was advised in Slovenia by the law firm Rojs, Peljhan, Prelesnik & partnerji. The team included Grega Peljhan, Peter Golob, Sergej Omladic and Sara Ermenc.