MPWiW intends to start IPO after registration of the merger

Manufaktura Piwa Wódki i Wina is finalizing the merger with Doctor Brew and the inclusion of the Friendly State into the Group. These are the key entities in the Group's portfolio that ensure dynamic growth in the scale of operations. After the merger is registered and the process of acquiring the shares of the Friendly State is completed, the lifestyle alcohol holding company intends to start the initial public offering of shares and then introduce the MPWiW securities to the NewConnect market listing.

“As we have announced so far, our main goal is to debut on the NewConnect market. The debut will be preceded by an initial public offering of shares. First, however, we must complete the merger with Doctor Brew and the acquisition of Przyjazny State, which will formally achieve the target structure of the holding. These are the key entities in the group's portfolio that build its value. We assume that both processes will be finalized in the next few weeks and then we will be able to start the IPO,” Tomasz Nietubyć, Vice President of MPWiW, emphasized.

Doctor Brew creates a brewing group that produces craft and regional beers that are constantly gaining in popularity. He is a precursor of the craft revolution in Poland. On the other hand, Friendly State at the beginning of 2021 launched the first beer under the BUH brand, which turned out to be a sales hit. Later, BUH vodkas and spirits were added to the offer, which now represents a significant volume of sales. Not only Janusz Palikot is involved in the promotion of the products, but also Kuba Wojewódzki.

(WBJ)