MOL Group acquires mineral water producer
- Fonte Viva is a prominent player in the Hungarian mineral water market
- The acquisition is in line with MOL 2030 strategy, which aims at entering new businesses in CEE
- MOL Group’s strong regional presence provides Fonte Viva with further growth opportunities
Budapest, 1 June 2018 – MOL Group announced today that it acquired Fonte Viva, a Hungarian mineral water manufacturer.
Fonte Viva was established in 2002 and it supplies the Hungarian mineral water market with high quality sparkling and still mineral water from its wells in Somogyvar.
The transaction was closed on May 31, 2018 and MOL acquired the company from its founders.
The acquisition fits well into MOL 2030 strategy, which aims to open up the company towards new investment opportunities in CEE.
MOL Group will continue to supply Fonte Viva’s existing customers and will support the further growth of the company.