IMAP is pleased to announce that Bartida has been sold to Stock Spirits Group.
Bartida is a premium Czech on-trade spirits business. It’s portfolio, which comprises both own-brands and third-party distribution brands, covers the premium end of the rum, fruit spirits and liqueurs segments. It focuses on direct sales to premium on-trade outlets and also has its own e-commerce shop.
Stock Spirits is one of CEE’s leading branded spirits and liqueurs groups, offering a portfolio of products that are rooted in local and regional heritage. With core operations in Poland, Czech Republic, Slovakia, Italy, Croatia and Bosnia & Herzegovina, Stock Spirits also exports to over 50 other countries worldwide. Global sales volumes currently total over 100 million liters per year.
The IMAP Czech Republic team, led by Richard Kovář, acted as financial advisor to Bartida’s shareholders throughout the sale process.
In 2019, IMAP closed 234 M&A deals valued at over $13 billion. The result was higher than the previous year (208) and indeed, marked IMAP’s strongest performance since 2012. Average disclosed IMAP deal value stood at $66.9 million.
NEI Limited, based in Jaipur, India, has acquired the Slovakia based bearings manufacturer, Kinex Bearings.
Now in its 7th edition, this issue of IMAP’s flagship publication Creating Value, takes an in depth look at Africa, where IMAP recently held its bi-annual international conference for the first time since the company’s inception in 1973.
