Refresco to acquire Krynica Vitamin?

Refresco, a leading European producer of private label and white label might become a new investor of Krynica Vitamin (KV), Polish soft drink and energy drink producer, Puls Biznesu daily reported citing its anonymous sources. Sources cited by the daily informed that the management of KV has been considering its sale for a while. Although, the company did not confirm this. What is more, the experts claim that the European giant, Refresco is likely to acquire the Polish producer of soft drinks. "The character of the sector makes economies of scale the only chance to win something, so Refresco's decision would appear to be natural," said one of the cited experts. Refresco has not confirmed the news yet. Krynica Vitamin recorded net profit of PLN 5.23 million in 2013 , the highest result in its history.