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Romania's anti-trust body approves takeover of Lipomin, Carpatina by Prodal 94

Romania's anti-trust body approves takeover of Lipomin, Carpatina by Prodal 94 Source: Stalinskaya.com

BUCHAREST (Romania), January 7 (SeeNews) - Romania's competition authority said on Tuesday that it has approved the recent takeover of mineral flat and carbonated water producers Lipomin and Carpatina by spirits manufacturer Prodal 94.

"Following a review of the transaction, the Competition Council has found that it does not raise significant obstacles to effective competition in the market, in particular by establishing or strengthening of a dominant position," the anti-trust body said in a statement.

Lipomin and Carpatina produce bottled mineral water under Lipova and Carpatina brands.

Prodal 94 was founded in 1994 and is part of Romanian business group Prodal. Among its most well-known liquor brands are Stalinskaya Vodka and Wembley Dry Gin.

 

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