Subscribe Login
DE4CC0DE-5FC3-4494-BCBF-4D50B00366B5
A-Brands

Radenska Completes Acquisition Of Studenac

Slovenian mineral water producer Radenska has completed the acquisition of Studenac from Croatian food company Podravka.

As a result of the transaction, the company now has a 100% stake in the mineral water producer.

The transaction also includes the transfer of all Podravka protected trademarks applied to the beverage products program.

Radenska and Podravka signed the purchase contract on 20 September, but didn't reveal the cost of the transaction. According to unofficial sources, the deal is worth €9 million.

The portfolio of the Slovenian company now includes natural mineral water Studenac, natural spring water Studena and the Lero syrups.

Radenska is part of the Kofola Ceskoslovensko group, one of Europe's leading manufacturers and distributors of non-alcoholic beverages, with seven bottling plants in Slovakia, the Czech Republic, Slovenia, Croatia and Poland.

© 2016 European Supermarket Magazine – your source for the latest retail news. Article by Branislav Pekic. To subscribe to ESM: The European Supermarket Magazine, click here.

 

Stay Connected With Our Weekly Newsletter

Processing your request...

Thanks! please check your email to confirm your subscription.

By signing up you are agreeing to our Terms & Conditions and Privacy Policy
Enjoy unlimited digital access for 30 days
Get exclusive access to the latest grocery retail & FMCG news, interviews with industry leading executives, and expert analysis on the trends shaping the sector today
Enjoy unlimited digital access for 30 days
Enjoy unlimited digital access for 30 days
Get exclusive access to the latest grocery retail & FMCG news, interviews with industry leading executives, and expert analysis on the trends shaping the sector today
Enjoy unlimited digital access for 30 days