Czech emigre Vladimir Peksa in £30m sellout of Mintec to Synova

According to The Sunday Times Vladimir Peksa had agreed to sell Mintec, which he founded in 1982, to the private equity firm Synova Capital for an estimated £30m. The deal could be announced as early as this week.

Peksa, 72, came up with the idea for Mintec — whose clients include Tesco, Unilever and US supermarket chain Albertsons — while head of cocoa research at the confectionery giant Mars. Mintec sells information about almost all of the food ingredients that are not traded on exchanges to more than 400 retailers, food manufacturers and suppliers.

For the full story read The Sunday Times

For the Mintec website click here