Union Brewery
Sola and Zala soft drink brands sold to Croatian company
Slovenia's largest brewer Pivovarna Laško Union has sold its soft drink brands Sola and Zala to Nika Bev, a Croatian-owned company, to focus on its core business. The value of the deal has not been disclosed.
Under the contract, Nika Bev, a Slovenian company that is owned by Stanić Beverages from Croatia, will continue to distribute the two brands on the Slovenian market.
Epidemic cut sales, profit of Pivovarna Laško Union in 2020
Ljubljana/Laško – Pivovarna Laško Union, Slovenia’s largest brewery, last year generated EUR 145.6 million in net sales revenue, up 6.9% year-on-year, with the company attributing the drop to the Covid-19 epidemic. Net profit decreased by 31.5% to EUR 16.7 million, shows the annual report published on Wednesday.