KMV and PepsiCo’s joint venture: acquisition in Serbia

By: Trademagazin editor Date: 2019. 06. 24. 21:14

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Karlovarské minerální vody (KMV) and PepsiCo Inc. is buying Serbian mineral water and soft drink company Knjaz Miloš through a joint venture.

The acquisition involves buying the production facilities and the Knjaz Miloš, Aqua Viva, Guarana, ReMix, Gusto and many other brands. Aranđelovac-based, more than 200-year-old Knjaz Miloš is one of the biggest mineral water, soft and energy drink companies in the Serbian market. //