Polish vodka attracts Stock

Article Abstract:

Stock (Plzen, Czech Republic), spirits producer, will acquire the liqueur firm Polmos (Zielona Gora, Poland) in a consortium with Vin & Star (Sweden). Polmos produces the most demanded Polish vodka Luksusowa. The Czech-Swedish consortium plans to acquire at least an 80% stake in Polmos. The stake will be equally divided between both the firms. Stock would pay DEM 30-45 mil for a 40% stake in Polmos. The acquisition should enable Stock to further extend its production. In 2001 Stock plans to invest several dozens of millions of Czech crowns in the support of sales. The firm plans to increase the sales of its products by 45% in 2001 compared to 1 mil lt of spirits in 2000. It plans to expand abroad, mainly to Slovakia and Poland.

Acquisitions & mergers, Poland, Stock (Plzen, Czech Republic), Polmos Zielona Gora

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The buyer of Becherovka wants guarantees from the state

Article Abstract:

Jan Becher-Karlovarska Becherovka (JBKB) (Karlovy Vary, Czech Republic), liqueur company, is struggling with problems connected with its privatization in 2001. Salb (Czech Republic), which is to buy 50% of shares in JBKB from the state for CEK 1.3 bil, demands guarantees from the state for possible failure in the trade-mark dispute with Z. Hoffman. Salb, which has held a one-third stake in JBKB so far, rejects to bear the costs related to the long-term dispute. Salb has a 40% stake held by Pernod Richard (France), 40% owned by Patria Finance (Czech Republic) and 20% held by K. Schwarzenberg.

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JBKB invests CEK 800 mil

Article Abstract:

Jan Becher-Karlovarska Becherovka (JBKB) (Karlovy Vary, Czech Republic), spirits producer, invested a total of about CEK 800 mil during 1998-2000. The firm used the majority of its investments for the purchase of the liqueur producer Johan Becher (Germany) in 1999. JBKB is the second largest spirits producer in the Czech Republic and has a 13% share on the domestic market.

Statistical Data Included, Brief Article

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