Czech breweries Holba, Litovel and Zubr seek investor or buyer
Czech Republic | When the three regional breweries Holba, Zubr and Litovel merged in October 2021 and created the joint-stock company Pivovary CZ Group, they sought cost savings, greater efficiency in distribution and logistics, and even a reduced tax bill. One year later, the group, which is owned by the businessman Karel Kuropata and his company HSK Invest, is in early negotiation with investors. It is even considering a sale. The talks could drag on for months, though, the group said on 3 November 2022.