Knjaz Miloš AD
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Knjaz Miloš AD (Serbian Cyrillic: Књаз Милош) (full name: Knjaz Miloš A.D. Aranđelovac) is a carbonated mineral water producer and distributor based in Aranđelovac, Serbia.
Knjaz Miloš has been produced and sold since 1811. The natural mineral water is bottled deep in the Serbian mountains of Aranđelovac.
In addition to its centerpiece Knjaz Miloš carbonated mineral water, the company also produces a line of Golf fruit juices and soft drinks, Aqua Viva spring water, Aqua Una mountain water, and Guarana energy drink.
After much legal wrangling, and several highly publicised competing takeover bids, Knjaz Miloš AD majority stake (58%) was bought in 2004 by FPP Balkan Ltd. consortium.[1] The takeover was done in stages: in September 2004, FPP Balkan Limited investment fund, part of London-based FPP Group, bought through takeover bid a 25% stake at RSD17,200 per share. In December 2004 it launched another takeover bid and bought another 33% for RSD23,000 per share, which made a total of €57 million investment for 58% of the equity.
In January 2005, FPP Balkan Ltd. added Salford Capital Partners fund as their partners.
In December 2006, Knjaz Miloš AD obtained an ISO 22000 certification for food safety, the first company to obtain this certification in Serbia.
Imported in United States exclusivelly by : A.B Company, Inc.
[edit] See also
[edit] External links
- http://www.knjaz.co.yu : Knjaz Milos A.D. Official Homepage
- FPP Balkan Buys around 25% of Shares from Knjaz Miloš
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