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Salinity Acquire 30% if M.G.P. Cyprus salt company Ltd.

Salinity has entered into an agreement to acquire 30% of all outstanding shares of M.G.P. Cyprus Salt Company Ltd in Larnaka, Cyprus.

M.G.P. Cyprus Salt Company Ltd is a leading distributer in Europe of flake salt for human consumption. The company is today one of Salinity's main suppliers on the consumer salt market segment.

"The last few years sale of flake salt has been a great success, and we have brought out a line that we call Gourmet, a selection with both natural and flavored salt flakes. The 30% acquisition of M.G.P. Cyprus Salt Company Ltd is a vital piece in Salinity's growth strategy and commitment to global expansion within the consumer salt market segment", says Jonas Jung, CEO of the Salinity Group.

For further information please contact Jonas Jung, CEO, at +46 31 68 84 80 or This e-mail address is being protected from spambots. You need JavaScript enabled to view it

 

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