Kocian Solc Balastik has advised PepsiCo CZ on the sale of its Toma bottled water business to Coca-Cola HBC Cesko a Slovensko.
The sale contract was signed on August 23, 2019, and financial details were not disclosed. The transaction includes the Tomy plant in Teplice nad Metuji, in the Czech Republic, as well as 51 employees and existing contracts with clients and suppliers. Coca-Cola acquired the right to use the Toma brand for water and ice teas for five years.
The KSB team was led by Managing Partner Dagmar Dubecka, supported by Associate Jana Guricova.
KSB did not reply to our request for more information.