KŠB Advises Karlovarské minerální vody on Acquisition of Largest Serbian Mineral Water Producer

August, 2019 - Prague, Czech Republic

KŠB’s team led by partners Dagmar Dubecká and Martin Krejčí with associates Ivo Průša and Jana Guričová advised Karlovarské minerální vody Group (KMV), which, in a joint venture with PepsiCo, acquired Knjaz Miloš – the largest Serbian mineral water and non-alcoholic beverage producer.

We advised primarily on the financing of the entire acquisition (both at the level of KMV’s and PepsiCo’s joint venture and at the level of KMV), on the conclusion of a shareholder agreement, and on setting the mutual relationships between KMV and PepsiCo.

The parties have not disclosed the value of the transaction, but it is one of the most expensive acquisitions for the KMV Group.

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