Project Notice |
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| PNR | 34597 |
| Project Name | KMV Expansion |
| Project Detail | Project Description Provision of EUR 40 million financing in the form of (i) EUR 10m preferred equity and (ii) EUR 30 million debt to Karlovarske mineralni vody, a. s. ("the Company") and its subsidiaries. Project Objectives The project entails financing of the companys acquisition of PepsiCo bottlers in countries where the EBRD invests. Transition Impact Transition impact of the transaction will derive primarily from two transition qualities: (i) Competitive: Through this transaction, the Bank supports a leading regional mineral water producer in significantly expanding its footprint in the Banks region. The contemplated acquisition will result in quantifiable synergies which will further increase the competitiveness of the combined operations; and (ii) Integrated: The project will entail regional FDI by supporting a Czech-based agribusiness company expanding in a region where intra-regional FDI has been limited so far. |
| Funded By | European Bank for Reconstruction and Development (EBRD) |
| Sector | Food & Agriculture |
| Country | Czech Republic , Eastern Europe |
| Project Value | CZK 29,266,338 |
Contact Information |
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| Company Name | Karlovarske Mineralny Vody S.A. |
| Address | Marian Gramata marian.gramata@mattoni.cz +420 800 11 10 11 +420 800 11 10 11 www.kmv.cz Horova 3 360 21 Karlovy Vary |
| Web Site | https://www.ebrd.com/work-with-us/projects/psd/49604.html |
