Mid Europa Partners (Mid Europa), a private equity investor focused on Central and Eastern Europe, has completed the sale of Knjaz Miloš, a producer of mineral water and non-alcoholic beverages in Serbia and the surrounding region, to a joint venture between Karlovarské Minerální Vody and PepsiCo, Inc.
Mid Europa acquired Knjaz Miloš in 2015 together with Imlek and Bambi, the leading regional dairy and confectionery players, respectively, forming the consumer group – Moji Brendovi.
