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Mid Europa completes sale of Serbia's Knjaz Miloš

Mid Europa Partners LLP completed the sale of Knjaz Milos AD to a joint venture between Karlovarské Minerální Vody AS and PepsiCo Inc.

The London-based private equity firm acquired the Serbian beverage producer in 2015 together with Imlek and Bambi. The three companies formed Mid Europa's Moji Brendovi d.o.o. consumer group.