Central Europe Promises Growth For Beverage Firms

Polish private equity and venture capital firm Enterprise Investors (EI)has purchased a 42.45% share in beverage major Kofola-Hoop for EUR132mn (US$170mn), in what is reportedly the largest investment yet made in Central and Eastern Europe's fast moving consumer goods (FMCG) market by a private equity firm. Established through a merger of Czech soft drinks maker Kofola and Polish drinks producer Hoop, Kofola-Hoop employs around 2,660 people and in 2007 had an annual turnover of EUR318.8mn.

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