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Kruna Bakery, owned by Mate Škojo, purchased a major share package of Mlinar from Agrokor

Kruna Bakery, owned by Mate Škojo, purchased a major share package of Mlinar from AgrokorBy the Sale and Transfer of Shares Agreement signed today, Kruna Bakery acquired ownership of 90.36 % shares of capital stock of Mlinar d.d. Križevci. Kruna Bakery purchased 168,039 class ''A'' ordinary shares and 59,385 class ''B'' ordinary shares. The sale did not include the company Moslavka d.d. in Kutina or Žitnjak d.d. in Zagreb, or the flour milling activity which will remain part of Agrokor’s portfolio.

As Mr Škojo has been part of the bread-making business for years now, as well as the owner of Kruna industrial bakery, his entering the Mlinar Company will considerably contribute to the development of bread-making activities in Croatia.