Imoniu grupe ALITA, AB - Notification on material event

Notification regarding the sale of company’s vodka and bitters business part (updated information)

Alytus, Lithuania, 2015-06-05 15:44 CEST (GLOBE NEWSWIRE) -- On 21 October 2014
UAB Mineraliniai vandenys (hereinafter - MV) delivered to the Competition
Council of the Republic of Lithuania (hereinafter - Council) a notice on
concentration by acquiring up to 100 percent of Company group ALITA AB
(hereinafter - Alita) shares. 

On 14 November 2014 MV, seeking to prevent possible restriction of competition
in the vodka and bitters markets in Lithuania, delivered to the Council
undertakings1 (hereinafter - Undertakings), which were updated on 26 November
2014. 

On 5 December 2014the Council allowed ot MV to obtain up to 100 percent of
Alita shares with a condition that MV shall transfer the business of Alita and
AB „Anykščių vynas“ related to the production and sales activities in Lithuania
regarding vodka and bitters (hereinafter - Business). 

On 24 March 2015 the Council in its procedural meeting consented to the
candidature of Business buyer - UAB „Birštono mineraliniai vandenys“ ir Ko -
provided by MV. 

On 4 June 2015 closing of a Business transfer transaction ended during which
UAB „Birštono mineraliniai vandenys“ ir Ko obtained title to the trademarks in
the territory of the Republic of Lithuania, which had to be transferred
according to the Undertakings. 

In the opinion of Alita management, the income generated by the Business part
under the tense competition conditions would be important, however, the main
activities of Alita and the whole group was and will be orientated and
developed in the categories of sparkling wine, natural wine and brandy
products, which generated more than 90 percent of the company‘s income. 





1 http://www.kt.gov.lt/index.php?show=news_view&pr_id=1525


         Additional information is provided by the General Director Česlovas
Matulevičius, phone number + 370 315 57243.