KMV and PepsiCo’s joint venture: acquisition in Serbia

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. //