Belvedere is considering buying Poland's Polmos Bialystok, according to press reports. Les Echos said today (27 October) that the French group is preparing to tap capital markets to partially finance the acquisition of Poland's second-largest vodka maker.

Belvedere is already Poland's number one vodka producer, with 33% market share.

Polmos Bialystok is scheduled to be privatised in January next year, the report said.

In 2003m, revenues at Polmos hit €230m, while Belvedere posted sales of €350m.