Baker McKenzie Prague advised Kofola ČeskoSlovensko, a major Czech beverage producer, on its acquisition of 100% shares in Karlovarská Korunní and Ondrášovka. With this acquisition, Kofola expands its portfolio to add Czech traditional mineral water brands, and fundamentally strengthens its position in the bottled water segment on the Czech market.
The Baker McKenzie Prague team was led by Partner Libor Basl and managed by Senior Associate Lukáš Hron.
Kofola is one of the leading producers of soft drinks in Central Europe, with production facilities in the Czech Republic, Slovakia, Slovenia, Croatia and Poland. The company has almost 2,200 employees, and its sales last year reached CZK 6.4 billion.
Karlovarská Korunní and Ondrášovka generated revenues of CZK 850 million in 2019.