Polish group Maspex, with operations in the field of consumer goods, will bring its companies that operate on the Romanian market under one umbrella. La Festa International will merge by absorption with Maspex Romania and La Festa Group, according to a merger project published in the Official Gazette. "We think it is no longer lucrative for us to have separate operations in Romania for import, production and distribution of our food products, given that our activity has increased in volume," said Krzysztof Grabowski, president of La Festa International. The merger will lead to parallel administrative and management structures being cut down, the president explains. "The merger will also result in better conditions for the negotiation process with our suppliers and with our customers, both domestic and foreign and in a reduction in our expenditures," Grabowski added. La Festa is one of the main players on the non-carbonated natural juices market, the producer of the Tedi and the Tymbark brands.

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