Binder Groesswang Advises Gittis Naturprodukte on Sunray Acquisition

Binder Groesswang Advises Gittis Naturprodukte on Sunray Acquisition

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Binder Groesswang has advised Gittis Naturprodukte on the acquisition of the Sunray company and its production plant in Mirna from Atlantic Droga Kolinska in Slovenia.

According to the firm, "Gittis plans the long-term operation of the Mirna production plant and investments in new technology as well as the retention of its employees."

Founded in 1957, Gittis is a family-owned Austrian company producing baby food, cereals, and bars.

Atlantic Droga Kolinska is a multinational food and beverage corporation with companies in eight countries and 16 production facilities.

The Binder Groesswang team was led by Partner Michael Kutschera and included Partner Philipp Kapl and Associate Alexander Scharkosi.