Published: April 22 2023
Contents
- Details of the project
- Central Europe Mineral Water Holding (CEMW)
- Szentkirályi Ásványvíz Kft.
- Questions & Answers
Details of the project
Szentkirályi Magyarország has not disclosed any details regarding the timing, expected costs, or volumes of the project as the details are still being worked out.
Central Europe Mineral Water Holding (CEMW)
In 2018, Central Europe Mineral Water Holding acquired the US company's Hungarian interests, making it the exclusive distributor of PepsiCo soft drinks and food products in Hungary. Levente Balogh, the founder of the company, became a significant minority shareholder and took on the position of Chairman.
Szentkirályi Ásványvíz Kft.
Szentkirályi Ásványvíz Kft., owned by CEMW, is known for its mineral water and has recently expanded into the cosmetics sector with the Vízangyal beauty product line.
Questions & Answers
Which Hungarian company will be bottling Pepsi soft drinks? Szentkirályi Magyarország Kft. will be bottling Pepsi soft drinks in Hungary.
Where is Szentkirályi Magyarország Kft. based? Szentkirályi Magyarország Kft. is based in Szentkirály, Hungary.
Which other countries currently bottle Pepsi soft drinks for the Hungarian market? Austria, the Czech Republic, and Romania currently bottle Pepsi soft drinks for the Hungarian market.
When will the bottling of Pepsi soft drinks take place in Hungary? The move to bottle Pepsi soft drinks in Hungary could take place as early as next year, but the details of the project are still being worked out.
Who is the exclusive distributor of PepsiCo soft drinks and food products in Hungary? Central Europe Mineral Water Holding (CEMW) is the exclusive distributor of PepsiCo soft drinks and food products in Hungary.
What other products does Szentkirályi Magyarország Kft. make aside from mineral water? Szentkirályi Magyarország Kft. has a cosmetics line called Vízangyal, which includes baby bath and shampoo, body lotions, hand creams, shower gels, soaps, and collagen drinks.
Who founded Szentkirályi Ásványvíz Kft. and CEMW? Szentkirályi Ásványvíz Kft. and CEMW were founded by Levente Balogh with the Italian Pasquale family, who own the Mattoni 1873 Group.
How much did Szentkirályi Magyarország Kft. invest in the new plant hall and bottling line in Szentkirály? Szentkirályi Magyarország Kft. invested €7 million of its own funds in the new plant hall and bottling line at its Szentkirály site.
What other brands of soft drinks and food products does CEMW distribute aside from PepsiCo products? CEMW also distributes 7Up and Lays products.