Eckes sells off Stock Plzen

By: trademagazin Date: 2007. 05. 21. 00:00

The German company has off-loaded the spirits producer to US investment group Oaktree Capital Management. Financial.

 

The details were not disclosed, but we know Stock Plzen
controls around 30% of the Czech spirit market.

Eckes' decision is linked with its strategy to direct itself
towards non-alcoholic drinks. The acquisition "will allow the company to
develop further with a clear strategy for fresh expansion on Central and
Eastern European markets.

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