Percorso:ANSA > Nuova Europa > Hungary > KMV: to Assume PepsiCo in Slovakia, Czechia and Hungary
KMV: to Assume PepsiCo in Slovakia, Czechia and Hungary
Green Light from anti-monopoly regulators in the three countries
04 November, 09:45
(ANSA) - UDINE, 4 NOV - Karlovarske mineralni vody (KMV), a
Czech-Italian company, the biggest producer of mineral and
spring water in the Czech Republic, based in Karlovy Vary
(Carlsbad), has received a green light from the Czech, Slovak
and Hungarian anti-monopoly regulators to assume the assets of
PepsiCo in the three countries, Tasr reported.
The acquisition, which was announced earlier this year, was
okayed this week by the Czech regulator as the last authority in
the three countries.
KMV claims that the deal has made it Central Europe's biggest distributor of non-alcoholic beverages. "The acquisition will be formally concluded in the next few months," said KMV owner Alessandro Pasquale.
Its current portfolio includes brands such as Mattoni, Magnesia, Aquila and Podebradka, a total of eleven plants and 2,400 employees, Tasr also reported. By assuming PepsiCo's branches, KMV has taken over three companies with two plants and another 900 employees in total. As part of the deal, KMV has acquired several well-known brands, including Pepsi, Mirinda, 7Up and Lay's. (ANSA).
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KMV claims that the deal has made it Central Europe's biggest distributor of non-alcoholic beverages. "The acquisition will be formally concluded in the next few months," said KMV owner Alessandro Pasquale.
Its current portfolio includes brands such as Mattoni, Magnesia, Aquila and Podebradka, a total of eleven plants and 2,400 employees, Tasr also reported. By assuming PepsiCo's branches, KMV has taken over three companies with two plants and another 900 employees in total. As part of the deal, KMV has acquired several well-known brands, including Pepsi, Mirinda, 7Up and Lay's. (ANSA).
