Luis Amaral acquires stake in Stock Spirits

Western Gate Private Investments Limited, a vehicle controlled by Portugese billionaire Luis Amaral, the owner of Eurocash, has purchased a stake in Polish vodka producer Stock Spirits for some £17.6 million, equal to over PLN 100 million, Puls Biznesu daily reported. Stock Spirits informed that Amaral's stake exceeded eight percent, as a consequence, he has become its second largest shareholder. Eurocash asserted that the transaction was a private investment and the company has nothing to do with the purchase.