Mid Europa, a UK-based private equity firm, has announced it has sold the Serbian soft drinks business Knjaz Milos to a joint venture formed by food and drinks multinational PepsiCo and Czech water distributor KMV for an undisclosed sum. The fund acquired Knjaz Milos together with leading regional dairy and confectionery players Imlek and Bambi in 2015, and, capitalising on increased consumer demand for water and other drinks products, reportedly emerged as the …
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KMV
Karlovarske Mineralni Vody (KMV), the largest producer of mineral and spring water in Central and Eastern Europe, has announced that it has recently finalized the acquisition of Kekkuti Asvanyviz Zrt, a Hungarian bottled water manufacturer owned by Nestle Waters. Krkkuti Asvanyviz Zrt. is one of the leading manufacturers of bottled water in Hungary, offering traditional Hungarian brands such as Theodora Kekkuti and Theodora Kereki, Alessandro Pasquale, chief executive of KMV, …
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