South West | Retail, FMCG

Russki Kholod scoops 51% of PYLK's ice cream

5 Dec '08
Moscow ice-cream manufacturer Russki Kholod (Russian Cold) has announced it is buying a 51% stake in Krasnodar ice-cream retailer Pervaya Yuzhnaya Logisticheskaya Kompaniya (PYLK, First South Logistics Company).

The price hasn't been disclosed by the parties, but is estimated by experts at $20m.

The company reportedly plans to use PYTK's 4,500 outlets in Krasnodar region and the Republic of Adygeya to sell 10,000 tons of ice-cream a year.
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Tags: ice cream (10) / Russki Kholod (0) / Russian Cold (0) / Pervaya Yuzhnaya Logisticheskaya Kompaniya (0) / PYLK (0) /

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