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Martin KlofandaPR Manager and Press Spokesman for the Kofola Group
klofanda@kofola.cz
GSM: (+420) 724 708 034
will be glad to provide you with more information.
Kofola merges with a significant Polish manufacturer of non-alcoholic beverages – the Hoop Company.
30.10.2007 -The Luxembourg-based KSM Investment S.A. as the owner of the Kofola Group and the Hoop S.A. Company residing in Warsaw have finally agreed on the conditions of a merger of the Kofola group and Hoop S.A. The amalgamation of both subjects will create one of the strongest central European players in the non-alcoholic beverages market.
The amalgamation of the Kofola Group and the Hoop Company will be effected as a so-called take-over amalgamation, which means that all the property of the Kofola Group will be transferred to the Hoop Company as the taking-over company and at the same time the registered capital of the Hoop Group will be increased in a form of new share issue. The whole transaction should be finished by 31 May 2008. The current shareholders of the Kofola Group will have a 57% share in the merged company. The current co-owner of the Hoop Company, Mr Marek Jutkiewitz, will own 15%, and the ING TFI funds will own further 6% of the merged company’s shares. The remaining 22% will be freely tradable on the Warsaw exchange.
“The main goal of the merger of the Kofola Holding and the Hoop Company is the utilization of the synergic effect of both companies, e.g. in the production, distribution and sale of non-alcoholic beverages, and the creation of the best possible conditions for further expansion of the group where the companies are currently operating,” says Martin Klofanda, spokesman of the Kofola Holding Company, about the merger.
Company Information:
Kofola Capital Group
Kofola Group is one of the most important producers of non-alcoholic beverages in Central Europe. The company operates in the countries of the Visegrád Four (V4), i.e. in the Czech Republic, in Slovakia, in Poland and Hungary, and its products are also exported to other countries. In its five production plants located in the Czech Republic (Krnov, Mnichovo Hradiště, Klatovy), in Slovakia (Rajecká Lesná) and in Poland (Kutno), and also in the subsidiary in Hungary (Budapešť), Kofola employs more than 1,300 people altogether.
The portfolio of Kofola products includes the traditional cola-type beverage based on an original recipe - Kofola, a series of fruit beverages - Jupí, syrups and concentrates, a drink for children - Jupík, natural mineral water - Rajec, a beverage from grapes - Top Topic, RC Cola – according to the original American recipe, Capri Sonne and Chito Tonic.
The dominant economic subject in the Kofola capital group is KSM Investment S.A. with residence in Luxembourg. The group also includes Kofola SPV Sp. z o.o. with residence in Warsaw, Kofola Holding a.s. with residence in Ostrava which is the only partner of the 5 production companies, i.e. Kofola Sp. z o.o. with residence in Poland, Kofola a.s. with residence in the Czech Republic, Kofola a.s. with residence in Slovakia, Kofola Rt. with residence in Hungary, Klimo s.r.o. with residence in the Czech Republic, and the transport company Santa Trans s.r.o. with residence in the Czech Republic.
Hoop Capital Group
The capital group HOOP focuses its activities on the production and distribution of sparkling and still non-alcoholic beverages and mineral water. The scope of activity of HOOP Group covers the whole area of Poland as well as the Russian Federation by means of its dependant companies.
The product range offered by HOOP S.A. consists of almost 100 items. The best-known brands are the following beverages: Hoop Cola, Hoop Fruti, Flip, Superhero, Zozole, and the mineral water brands: Arctic, Grodziska, Nałęczów Zdrój. The company also produces beverages under Private Labels – manufactured for external companies according to a specified recipe, especially for big shop chains.
The HOOP capital group also includes the following economic subjects – producers: the dominant company of Hoop S.A., Paola S.A., PPWM Woda Grodziska Sp. z o.o. and OOO Megapack which provides, in cooperation with its dependant companies, the production and distribution of beverages in the area of the Russian Federation, especially in the Moscow market. The distribution of beverages in Poland is provided by four dependant companies: Pomorskie Centrum Dystrybucji Hoop Sp. z o.o., Transport-Spedycja-Handel-Sulich Sp. z o.o., Maxpol Sp. z o.o. and Bobmark International Sp.z o.o.
