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SPI Regional Business Unit has become the owner of the leading producer of alcoholic beverages in the Baltic States, Latvijas balzams. According to the notification received from SPI Regional Business Unit, the company has taken over the ownership of 89.53% from the joint stock company Latvijas balzams capital on October 24, 2014.
"SPI Regional Business Unit" B.V. has decided on the foundation of the limited liability company "Amber Beverage Group". The company’s equity capital was paid up with the in-kind contribution. One of the subjects of in-kind contribution was the 6 711 940 stock of AS "Latvijas balzams" owned by founder "S.P.I. Regional Business Unit" B.V.
According to the notification received from limited liability company "AMBER BEVERAGE GROUP" the company has acquired its holding (89,53% from Joint stock company "Latvijas balzams" stock capital) on October 24, 2014.
Limited liability company’s "Amber Beverage Group" equity capital was paid up with the in-kind contribution. One of the subjects of in-kind contribution was the 6 711 940 stock of JSC "Latvijas balzams" owned by founder "S.P.I. Regional Business Unit" B.V.