Prague, 13 March 2007 - The shareholders of the company Kofola Holding a.s. and No. 3 among Polish beverage producers, Hoop S.A., yesterday entered into an input agreement about the possibility of amalgamation of the companies. After this amalgamation, a beverage group would originate which would act on the Polish, Czech, Slovak, Hungarian and Russian market and whose overall turnover would reach more than 8.6 milliard Czech crowns.
As a result of the amalgamation and the consolidation of the companies’ activities, a company named Kofola-Hoop S.A. will originate in Poland and it will be traded at Warsaw Stock Exchange. The result of the merger will be a state when the shareholders of the Ostrava based Kofola Holding a.s. will be the majority owner of this new company.
The shareholders of the future Kofola-Hoop S.A. are planning to utilize important synergies of costs and income, which will be reached by the amalgamation, and to intensely develop trademarks with international impact.
Both sides will shortly perform the necessary research, analyses and assessments for the discussion of detailed conditions of the merger in compliance with a mutually approved schedule.
About HOOP S.A.
HOOP S.A. is a significant Polish producer of non-alcoholic beverages, whose product portfolio contains almost 100 various kinds of drinks. Its favourite brands include e.g. Zozole, Shrek, Flip and many others. HOOP S.A. is a part of the HOOP Group. The business activities of the whole group are aimed mainly at the Polish market and partially cover the Russian market by means of one of the subsidiary companies. The HOOP S.A. company started its production in 1992 in the town of Bielsk Podlaski. It currently owns three production plants and employs about 1500 people.