Bosqar Invest has submitted a binding offer to acquire PIK Vrbovec, a major Croatian manufacturer of meat and processed-meat products, through its Future Food division. The planned acquisition would be financed via a secondary public offering, marking a significant expansion in Bosqar's food portfolio.

PIK Vrbovec operates some of Croatia's largest pig and cattle farms, positioning it as a key player in the regional agricultural sector. The transaction targets Fortenova's ownership stake in the company, though specific financial terms remain undisclosed. This strategic move aligns with Bosqar's focus on consolidating food industry assets in Southeast Europe.

The acquisition underscores growing investor interest in Croatia's agricultural and food processing sectors. By integrating PIK Vrbovec's vertically integrated operations, Bosqar aims to strengthen its position in the regional meat production market. The deal's financing structure through a secondary public offering suggests a sophisticated approach to managing capital allocation while expanding market presence.