Kofola set to merge with rival company

Kofola, the biggest soft drink producer in Slovakia, is going to merge with the Polish brand Hoop, the Hospodárske Noviny wrote on November 5.

Kofola’s owner, KSM Investment, agreed with the Polish side on the conditions of the companies' merger, which would create one of he strongest central European players on the soft beverage market.

KSM Investment is based in the Czech Republic and the drink is produced in a plant in Rajecká Lesná near Žilina.

The friendly takeover would involve in transfer of the Kofola group’s assets to Hoop, which would issue new shares, giving the current Kofola owner a 57-percent controlling stake in the new company.

-SITA

Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

Top stories

News digest: Slovak-Hungarian relationship has never been as good as now, Hungarian MFA says

Health Ministry fears spread of Delta strain from football match in Budapest. Hungarian Foreign Affairs Minister refutes claims of a negative relationship with his Slovak counterpart. Read more in today's digest.


15 h
Illustrative stock photo

Law change makes cannabidiol legal

CBD allowed in cosmetics, but off the menu for food products.


21 h
The Umbrella March is held in Bratislava this Sunday, June 20, 2021.

A record set by Luis Suarez has been broken in Slovakia

Read other interesting stories from this week in the roundup.


20 h
A paraglider flies over a valley from the Martinské hole mountains.

The Slovak region compared to Tuscany is a big unknown

Set out on a trip to the Turiec region with a new Spectacular Slovakia podcast series.


17. jún