Polish Baker Inter Europol Buys Croatian PAN-PEK

Inter Europol acquired a 100% stake in the Croatian company PAN-PEK, one of the country’s leading producers and distributors of bakery products. This represents a significant step forward in the development and positioning of the Inter Europol Group in the emerging FMCG segment, as well as in the Balkans and Southern Europe.

PAN-PEK, established in 1992, is one of Croatia’s leading bakery producers with two production plants in Zagreb and Dakovo, and also operates its own retail network of over 70 locations. PAN-PEK offers a wide range of high-quality breads, cakes, snacks, sandwiches and regional specialties, which are supplied to modern retail chains, retail customers, and the hospitality sector. The company employs nearly 800 people.

Inter Europol Group acquired several bakery brands in the past years, including Bezgluten, Primavika and Trimar. This is the first international acquisition for the Inter Europol Group. As with previous acquisitions, the purpose is to expand product offering and open new markets while preserving local traditions and retaining existing employee teams.

The two companies did not disclose the value of the transaction.