Sorainen advised Henkell & Co.-Gruppe, a major Germany-based international producer and distributor of alcoholic beverages which belongs to Dr. Oetker Group, on its acquisition of a majority stake in Filipopolis, a leading importer and distributor of alcoholic drinks in Lithuania.
The acquisition of Filipopolis in Lithuania completes the formation of Henkell & Co.- Gruppe’s distribution chain in the Baltic region. Henkell & Co.-Gruppe is represented by subsidiaries in 22 countries, exporting to over 100 countries around the globe and is the market leader for wine, sparkling wine and various categories of spirits in many countries.
Dr. Andreas Brokemper, spokesman for Henkell & Co.-Gruppe management, comments: “Lithuania is the sparkling wine market with the highest levels of consumption in the Baltics. We are optimistic that we can also establish our international core brands in Lithuania and through the now complete pan-Baltic representation of our company become even more attractive for our customers”.