MidEuropa Completes Exit from Knjaz Milos
August 21, 2019
MidEuropa, the leading private equity investor in Central and Eastern Europe, announced today that it has completed the sale of Knjaz Milos, a major player in the production of mineral water and non-alcoholic beverages in Serbia and the surrounding region, to a joint venture between Karlovarske Mineralni Vody and PepsiCo, Inc.
MidEuropa acquired Knjaz Milos in 2015 together with Imlek and Bambi, the leading regional dairy and confectionery players, respectively, forming the consumer group – Moji Brendovi.