Ledo (company)

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Ledo d.d.
TypePublic
ZSE: LEDO (until 2018)[1]
IndustryFoods
Founded1958
HeadquartersZagreb, Croatia
ProductsIce cream, Frozen food
RevenueHRK 2.3 billion
(c. €310 million)[2] (2015)
HRK 267 million
(c. €36 million)[2] (2015)
Total assetsHRK 2.6 billion
(c. €350 million)[2] (2015)
Websiteledo.hr

Ledo d.d. is a Croatian-based producer of ice cream and frozen food headquartered in Zagreb. It was partially owned by the Agrokor group, which restructured and rebranded as Fortenova Group in 2018.[3] Ledo is one of the largest producers of frozen food and ice cream in Southeastern Europe.[4] Apart from Croatia, it is also produced and sold in Bosnia and Herzegovina, Slovenia and Hungary.[4] Beginning of 2021, Fortenova announced it was entering exclusive negotiations with the UK-headquartered Nomad Foods about the sale of its frozen food arm which comprised Ledo plus d.o.o. (Croatia), Ledo Čitluk (Bosnia and Herzegovina) and Frikom (Serbia).[3]. In January 2021 Croatian business press reported that the purchase price would likely exceed EUR 600 million.[5][6] On March 29 2021 Fortenova Group announced that the transaction was closed at EUR 615 million and would be finalized in Q3 2021.[7]

The first ice cream produced in Croatia, the popular Snjeguljica (Snow White), was introduced in 1958.[4] At the time, what was to become Ledo was a part of a larger Croatian milk producer.[citation needed]

References[]

  1. ^ "Ledo d.d." Zagreb Stock Exchange. Retrieved 21 March 2021.
  2. ^ Jump up to: a b c "Konsolidirani revidirani godišnji izvještaj za 2015. godinu" (PDF) (in Croatian). Archived (PDF) from the original on 9 May 2016. Retrieved 26 May 2017.
  3. ^ Jump up to: a b Ilić, Igor (11 January 2021). "Croatia's Fortenova in talks with Nomad Foods on frozen food business". Reuters. Retrieved 21 March 2021.
  4. ^ Jump up to: a b c "Ledo" (in Croatian). Archived from the original on 6 February 2010.
  5. ^ Laslavić, Željka (15 January 2021). "Nomad Foods spreman dati za Ledo više od 600 milijuna eura". Lider (in Croatian). Retrieved 21 March 2021.
  6. ^ Dozan, Jadranka (12 January 2021). "Nomad Foods u superfinalu prodaje Leda i ostatka Fortenovina 'frozena', evo njihovih planova". Poslovni dnevnik (in Croatian). Retrieved 21 March 2021.
  7. ^ "Fortenova prodala Ledo za 615 milijuna eura!" (in Croatian). Lider Media. 29 March 2021. Retrieved 31 March 2021.

External links[]

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