Hoppy Union poised to acquire 50% of RC Brew

821
1
AK&M 12 August 2020 19:20

On July 30, Russia's Federal Antimonopoly Service (FAS Russia) received an application from Hoppy Union LLC for prior consent to the acquisition of a 50% equity stake in RC Brew LLC through a contribution to the company's authorized capital, the competition authority informed.

All stakeholders have the right to submit information about how the deal applied for or another action will influence the competition to the antimonopoly body.

The application consideration period is 30 days after the receipt of this application.

The core business of Hoppy Union LLC (tax number: 7802831436) is malt production. Its authorized capital exceeds RUB 3.82 billion. The company's founder is Carlsberg Sverige Aktiebolag.

The core business of RC Brew, LLC (tax number: 5406601315) is beer production. The company's authorized capital is RUB 10,000. The founder is Megacom LLC.