Granolio d.o.o. entered into a framework agreement to acquire mill business from PIK Vinkovci d.d. (ZGSE:PIVK-R-A).

PIK Vinkovci dd is a Croatia-based company principally engaged in the processing and storing of cereals, cattle rising and the production of cereals, industrial plants and vegetables. The Company is organized in six business units: Silos, which provides cereals and oil crops storing and drying services; Novi Mlin, which manufactures flour under the brand name Mlineta; Mlin Mikanovci, which is engaged in corn milling for beer production; Svinjogojsko rasplodni centar (Pig Breeding Center), which operates two farms: Andrijasevci and Rokovci; Agricultural production, whose main goods are cereals, oil crops, industrial plants, fodder and vegetables; and Sjemenarstvo, which finishes and distributes crop seeds. Agrokor dd holds a 70.87% stake in the Company.