NDX has fully acquired NOVOFRUCT SK, s.r.o., one of the largest baby food, canned food and ready meals producers in Slovakia. NDX has held a share of 70% in NOVOFRUCT since 2012 and has now increased its stake to 100%.
Through implementation of growth strategies, NOVOFRUCT has transitioned from a traditional family owned, small to medium scale fragmented production business into a modern and efficient mass producer, meeting high quality standards and expectations of international customers. The company has recorded an impressive performance and growth during the past several years and NDX management team expects NOVOFRUCT’s business to grow at even faster rate in the future. Investments into modernization of the production plant, focus on competence of employees, development of R&D department as the strongest part of the company with a strategic direction of healthy and tasty products’ development will be the biggest contributors to the expected growth.