Europe: The ‘near takeover’ of Potato Masters

It seemed a done deal. Potato Masters had an agreement with Pomuni, but in December, Pomuni decided not to go through with it. It’s not exactly clear why, but it’s likely that they faced some surprises down the road. A few days afterwards, Potato Masters was declared bankrupt. In 2013, Potato Masters still processed 80,000 tonnes of potatoes, with a revenue of 50 million euros. So, what’s the deal with this ‘near takeover’? More