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POLAND: Belvedere close to Krakow acquisition

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The French drinks company Belvedere is reportedly close to purchasing a 78% stake in the Polmos Krakow distillery via a capital increase, a Polmos Krakow spokesman was quoted in the Polish press as saying today. A report by Interfax said Belvedere's Polish unit Belvedere Dystrybucja will make the purchase on behalf of its owner. Out of the remaining 22% state, 15% will be given to employees.


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