Maspex thirsty for CEE takeovers after Hungary buy

Company representatives announced the decision yesterday to attain a 100% stake in Plusssz Vitamin, one of the leading vitamin-based beverage producers, not only in its home market of Hungary, but also in Poland. "The acquired company owns the Plusssz brand. It markets the brand and works out new recipes. The production process is outsourced," said Krzysztof Pawiński, Maspex Wadowice president. However, he did not disclose the value of the transaction or the financial status of the company. He ensured though that the numerous acquisitions in recent times are not a threat to Maspex's financial standing. Pawiński also declined from stating whether the production of Plusssz branded products will be transferred to Poland. (Puls Biznesu, pp. 1, 3) A.K.