KMV acquires PepsiCo companies in CR, Slovakia and Hungary

Published: 23.01.2018 Related countries:  Czech Republic Czech Republic

Karlovarské Minerální Vody (KMV) has become the exclusive PepsiCo beverage franchisee and snack distributor in the Czech Republic, Hungary and Slovakia

Karlovarské Minerální Vody (KMV) has become the exclusive PepsiCo beverage franchisee and snack distributor in the Czech Republic, Hungary and Slovakia and will purchase the existing PepsiCo companies in these countries. The transaction is subject to approval by appropriate anti-monopoly authorities and its completion is expected in the first half of 2018. The Group will get approximately 900 employees, two production plants and a yearly turnover of CZK 4.2bn. Financial consultation in the project was provided by Raiffeisenbank, while the transaction’s bank funding was arranged by Československá Obchodní Bank and Česká Spořitelna.

Zdroj: ČIANEWS
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