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Soul Partners advised Carpathian Mineral Waters group on transaction with Maspex

Soul Partners advised Carpathian Mineral Waters and its shareholders on Transaction with Maspex, leading CEE Food Group

Soul Partners acted as exclusive financial advisor to Carpathian Mineral Waters and it's shareholders in connection with investment transaction with Maspex, one of the largest food companies in Central and Eastern Europe. Carpathian Mineral Waters group is one of Ukraine's leading producers of mineral water, soft drinks and snacks. Its flagship brand, Karpatska Dzherelna, is the second-largest mineral water brand in Ukraine.

The transaction provides Carpathian Mineral Waters group with access to a portfolio of more than 90 brands, as well as the resources and expertise of a leading international player. For Maspex, the transaction marks its first direct investment in a manufacturing business in Ukraine.

Igor Verhogliad, Managing Partner at Soul Partners, commented:

"We have been working with the company and its shareholders for more than 10 years and have witnessed the business evolve and scale over that period. It has been our privilege to support the implementation of their investment strategy.

Transactions of this kind help shape the future not only of individual companies, but of entire industries. Beyond strengthening CMW Group's already strong market position, this transaction sends an important message to the investment community: even under current circumstances, Ukrainian businesses continue to present attractive investment opportunities.

We are pleased to have supported the company and its shareholders in bringing on board a strategic partner that recognizes the value of a business built over many years and provides opportunities to further accelerate its growth. This transaction is an excellent example of the synergies that can be created with an international partner possessing the ambition, vision and resources necessary for long-term success. We would like to thank the teams of Maspex and CMW Group for their trust and cooperation and sincerely wish them every success in realizing the opportunities created by this partnership."

About Soul Partners

Soul Partners is an investment banking boutique providing professional financial advisory services to business owners and investors. The firm specialises in M&A advisory, capital and debt financing raising.

About Carpathian Mineral Waters group

Carpathian Mineral Waters group is one of Ukraine's leading producers of mineral water, soft drinks and snacks. Its portfolio includes well-known brands such as Karpatska Dzherelna, Sokovynka, Gonzo and Dragon.

About Maspex Group

Maspex is the largest privately owned food group in Poland and one of the leading consumer goods companies in Central and Eastern Europe. Its portfolio includes numerous market-leading brands, including Tymbark, Kubuś, Lubella, Łowicz, Krakus, Kotlin, Puchatek, DecoMorreno, Cremona, Plusssz, Żubrówka and Soplica, among others.