Knjaz Miloš a.d.

Knjaz Miloš
Native name
 Књаз Милош
Joint-stock company
Industry Beverages
Founded 21 December 2000 (2000-12-21) (Current form)
1811 (1811) (Founded)
Headquarters Aranđelovac, Serbia
Area served
 Worldwide
Key people
 Daniel Boehi
(Executive director)
Products Water, carbonated soft drinks, other non-alcoholic beverages
Revenue Increase €58.06 million (2016)[1]
Increase €1.85 million (2016)[1]
Total assets Increase €55.59 million (2016)[2]
Total equity Steady €0 (2016)[2]
Owner Clates Holding B.V. (100%)
Number of employees
 664 (2016)
Website knjaz.co.rs
Footnotes / references
Business ID: 07347383
Tax ID: 100994867 [3]

Knjaz Miloš (Serbian: Књаз Милош, [kɲâːz mîlɔʃ]) is a Serbian carbonated mineral water producer and distributor based in Aranđelovac, Serbia.

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.

History

Knjaz Miloš was founded in 1811, while it operates in the current form since 2000.

After much legal wrangling, and several highly publicized competing takeover bids, Knjaz Miloš a.d. majority stake (58%) was bought in 2004 by FPP Balkan Ltd. consortium. 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 Investment Fund as their partners. In February 2015 Salford Investment Fund, which at the time was beneficially owned by Inna Gudavadze and members of the Patarkatsishvili family, sold their interests in Knjaz Milos to Mid Europa Partners.[4]

In December 2006, Knjaz Miloš a.d. obtained an ISO 22000 certification for food safety, the first company to obtain this certification in Serbia.

Knjaz Miloš is imported in the United States by A.B Company, Inc., and Grand Prix Trading Corp.

References

  1. 1 2 "КОНСОЛИДОВАНИ БИЛАНС УСПЕХА (2016) - Knjaz Miloš". apr.gov.rs (in Serbian). Retrieved 21 February 2018.
  2. 1 2 "КОНСОЛИДОВАНИ БИЛАНС СТАЊА (2016) - Knjaz Miloš". apr.gov.rs (in Serbian). Retrieved 21 February 2018.
  3. ↑ "Основни подаци о привредном друштву". apr.gov.rs (in Serbian). Serbian Business Registers Agency. Retrieved 28 February 2018.
  4. ↑ [Merger Market, DANUBE TO BE ACQUIRED BY MID EUROPA PARTNERS - SOURCES PROPRIETARY INTELLIGENCE, 3 February 2015]
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