BULGARIA'S ZLATEN LEV HOLDING SELLS STAKE IN VODITZA BOTTLING FOR 1.34M LEVA
Bulgarian industrial group Zlaten Lev Holding said on September 21 2011 that it had sold its 98.4 per cent stake in local mineral water company Voditza Bottling for 1.34 million leva.
The stake was bought by local water bottling firm Ecodrinks International. The company was set up solely for the purpose of the acquisition in March 2011, Trade Registry data shows. It is owned by local firms MTM, Elitis and businessman Lachezar Dobroloveski.
The deal was negotiated about a year ago. A few days earlier, the former privatisation fund said it had received the last instalment of the agreed sum.
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