Atlantic Grupa Sells Sandwich Unit Montana Plus

Credit: Daniel OBrien Photography/Shutterstock.

Atlantic Grupa, nan Croatia-based nutrient and drinks manufacturer, has agreed to waste its Montana Plus sandwich operations to section businessman Marko Gross.  

Financial position were not disclosed.  

In a statement, nan Zagreb Stock Exchange-listed institution said nan waste is successful statement pinch its strategy to attraction connected nan “development of cardinal merchandise categories and nan disinvestment of non-core” businesses.  

“As portion of this process, that has been ongoing since 2018, sports and babe food, nutritional supplements and cosmetics business[es] person been disinvested,” Atlantic Grupa added.

The sandwich woody struck pinch Mr Gross includes nan Montana brand, assets and each nan employees.  

Montana Plus produces and distributes alleged triangle sandwiches and extended-shelf-life sandwiches.  

According to its website, nan sandwich shaper employs 32 people, and its products are disposable astatine astir 1,000 unit outlets successful Croatia. 

Atlantic Grupa, which has owned Montana Plus since 1998, said that station woody nan institution has entered an statement pinch Mr Gross for nan waste and distribution of sandwiches. 

Atlantic Grupa said his “extensive acquisition successful nan marketing, income and accumulation conception serves arsenic an fantabulous ground for further strategical improvement and stronger description of nan Montana marque portfolio, betterment of nan position successful nan on-the-go category, and frankincense nan improvement of nan full category”. 

Apart from Croatia, Slovenia, and Serbia, Atlantic Grupa distributes its products successful Austria, North Macedonia and Russia.  

In nan first 4th of 2025, nan institution achieved income of €259.9m ($301.8m), marking a 9.8% summation from nan aforesaid timeframe successful nan erstwhile year.  

However, EBITDA fell 8.7% to €23m, while EBIT dropped 29% to €10.3m.

Similarly, nett profit decreased by 38.4% to €6.1m.  

In nan nutrient segment, income of savoury spreads roseate by 19.5% to €42.7m, while snacks saw an summation of 2.1% to €31m. 

For nan 2024 financial year, Atlantic Grupa reported income of €1.08bn (+10.9%), EBITDA of €97m (+12%) and EBIT of €45.8m (+2.5%). Net profit, however, dropped 15.2% to €26.5m.