The Polish soft drinks group, Hoop SA, is seeking further acquisitions in both the mineral water and juice sectors. Hoop director, Marek Jutkiewicz, said the company was planning to divert the PLN100m it plans to raise through an equity issue towards acquisitions.
Jutkiewicz was also reported as saying that the mineral water companies, Muszynianka and Staropolanka, were the company’s acquisition targets in the mineral water sector. Those two acquisitions would bring Hoop’s share of the Polish mineral water market to around 15% from its current level of around 5%.
It was also reported that Hoop has commenced takeover negotiations with the Polish fruit juice group, Dr. Witt.
