Polish giant buys a stake in Carpathian Spring: details of the AMCU decision
24 November 08:29
The Antimonopoly Committee of Ukraine has approved a deal under which Poland’s Maspex Group, one of the largest food producers in Central and Eastern Europe, will be able to acquire a stake in the Ukrainian mineral water producer Karpatska Dzherelna. This was reported by "Komersant Ukrainian" with reference to the AMCU.
Maspex Group has received permission to acquire joint control over the two companies:
- Carpathian Mineral Waters LLC
- LLC “Trading House “Carpathian Mineral Waters”
The control will be exercised jointly with a citizen of Ukraine, whose name has not been disclosed. He acts through the Cypriot company Dynalum Finance Ltd.
In addition, the AMCU approved the concerted actions of Maspex, Dynalum Finance and the Ukrainian partner, including the fulfillment of non-competition and non-solicitation obligations.
Who is Maspex Group?
Maspex is the largest private food company in Poland and one of the key market players in Eastern and Central Europe.
Key facts about the group
The market leader in juices, nectars and beverages in Poland, the Czech Republic, Slovakia and Romania.
One of the top producers in the category in Hungary, Bulgaria, Lithuania, and Latvia.
One of the main producers of bottled water in Romania.
The portfolio includes 60 brands, including Tymbark, Kubuś, Life, Lubella, Krakus, Kotlin.
The company also owns the alcoholic brands Żubrówka, Soplica, Absolwent and Becherovka liqueur.
What is known about Carpathian Mineral Waters?
Carpathian Mineral Waters Group is one of the largest producers of soft drinks in Ukraine.
Its main brands are:
- “Karpatska Dzherelna (mineral and table water)
- “Sokovynka (juice drinks)
- “Fruit Dzherelna”
- “Dragon (energy drink)
Brief history of the company:
Founded in 1996 as a producer of table mineral water.
In 2002, the company was reorganized into a full-fledged mineral water and soft drink production plant.
In the same year, it expanded its product range to include carbonated drinks.
In 2016, it launched the Dragon energy drink.
The company plans to build a new production facility in Lviv region.
What does this deal bring to the market?
- Increased competition in the mineral water and beverage segment
The entry of Maspex, a European player, could raise quality standards and marketing activity in the segment. - Expanding investments in production in Ukraine
The company is already planning to build a new facility, which could create jobs and increase export opportunities. - Synergy of brands and distribution
Maspex has one of the most powerful logistics networks in the region, which could strengthen the presence of Ukrainian beverages abroad.
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