Nestlé Hungária, also owned by the Nestlé group, will not be affected by the transaction, the news agency said. KMV said it will further employ the existing 110 employees.

According to Kékkúki, KMV is the largest mineral water bottler in the region, and its entering the Hungarian market promises further investment.

MTI noted that Kékkúti is one of Hungaryʼs largest mineral water companies and reported HUF 1.11 bln in losses on revenue of HUF 5.04 bln in 2013.

The buyer, KMV, is present in the Czech Republic, Slovakia, Austria, Germany, Poland and Ukraine, with a total headcount of 750.