POLAND: Bols pulls out of Polish vodka auction

By just-drinks.com editorial team | 19 December 2000

The Dutch drinks company Bols has withdrawn its offer in the privatisation process of Polish vodka producer Polmos Zyrardow, the maker of Polish vodka brand Belvedere, because it received insufficient information in the course of the due diligence. The withdrawal leaves only two bidders for Zyradow, the Grupa Belvedere and US based company Phillips Millennium, which distributes the Belvedere brand in the US.

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The Dutch drinks company Bols has withdrawn its offer in the privatisation process of Polish vodka producer Polmos Zyrardow, the maker of Polish vodka brand Belvedere, because it received insufficient information in the course of the due diligence. The withdrawal leaves only two bidders for Zyradow, the Grupa Belvedere and US based company Phillips Millennium, which distributes the Belvedere brand in the US.

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