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Austria: Soy Food Producer Mona Buys German Sojaland and Enters R&D Deal with Flavours Firm Wild.


30 September September: see month.  2009 - Austrian soy food product maker Mona has acquired Germany's Sojaland and its production facility in Schwerin Schwerin (shvārēn`), city (1994 pop. 122,189), capital of Mecklenburg–West Pomerania state, N central Germany, on Schwerin Lake. It is the commercial, industrial, and transportation center of an agricultural and dairying region. .

At the same time Mona and the German aroma and flavour (jargon) flavour - (US: flavor) 1. Variety, type, kind. "DDT commands come in two flavors." "These lights come in two flavors, big red ones and small green ones." See vanilla.

2. The attribute that causes something to be flavourful.
 producer Wild have concluded a strategic cooperation agreement in the area of research and development of soy products.

Thanks to the acquisition, Mona's production capacity is expected to double to 50 million litres annually.

Further to the purchase, sales are forecasted to rise from about 25 million euro this year to 40 million euro in 2010.

Last year, as part of its strategy to solely focus on soy foods, Mona sold its three dairy operating units to Nom AG, Austria's second largest milk producer.
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Publication:FLEXNEWS
Date:Sep 30, 2009
Words:114
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