Czech Republic · Consumer Non-Cyc.
Kofola CeskoSlovensko as
Kofola Group lists mineral waters, syrups, fruit beverages, juices and energy drinks, plus healthy-food and herbal-product businesses.
FY2022–FY2025
FY2022–FY2025
FY2022–FY2025
current context only
Company profile
Regional drinks, local ingredients and new routes to consumers
Kofola ČeskoSlovensko is a family-controlled Central European drinks group whose centre of gravity is regional taste. Kofola Original sits beside waters such as Rajec, Radenska, Studenac, Korunní and Ondrášovka; Vinea, Jupí, Jupík, Semtex and Targa broaden the soft-drink range. UGO fresh food, LEROS herbs, beer, coffee and vending take the business beyond bottling, while orchards and PET recycling bring selected inputs and packaging closer to the group.
Origin and flagship
Fourteen ingredients created a distinctly local cola
KOFO syrup was developed in 1959 after a state assignment to create a Czechoslovak alternative to Western colas. Kofola launched in 1960 with fourteen herbal and fruit ingredients, caffeine and liquorice; the Samaras family bought the trademark in 2002 after rebuilding the drink from a small Krnov soda factory.
- Taste Kofola Original The fourteen-herb-and-fruit recipe and available formats
- Follow the story from 1887 KOFO syrup, the Samaras revival and later portfolio milestones
- Explore the export range Cola, water, fruit, energy, cider, tea and coffee categories
Brands and footprint
Fifteen plants anchor a five-market portfolio
The group reports production in the Czech Republic, Slovakia, Slovenia, Croatia and Poland. Krnov makes Kofola and high-pressure-processed UGO juices; Mnichovo Hradiště is the syrup base, Rajecká Lesná bottles Vinea, Kofola and Rajec, while Radenci, Lipik and Złotokłos carry local mineral-water and natural-product traditions.
- Group at a glance Fifteen facilities, five markets and the principal brands
- Open the operating-company map Beverages, fresh food, herbs, beer, vending and specialist units
- Visit the named production sites Products and processes at plants across Central Europe
Ingredients and making
The value chain reaches herbs, apples and coffee
LEROS mixes teas and medicinal-plant products, while UGO makes fresh juices and salads; the Krnov plant treats the juices under high pressure. Kofola links Czech orchards supplying apples for juice and cider and, separately, coffee interests in Colombia to its ingredient strategy. The group now presents a Panama-farm, Strážnice-roastery and 52% CØKAFE café path; founder Richard Mauler remains co-owner. Kofola also states a preference for local suppliers and protection of water sources.
- Follow coffee from farm to café 52% CØKAFE stake, founder continuity and planned city expansion
- Read the group mission Healthier products, local agriculture and sustainability priorities
- See the approach to ingredients Local suppliers, water protection, waste and carbon goals
- From orchard to coffee plantation Apples in Úsovsko and the group's first agricultural step outside Europe
New categories and channels
Beer, vending and bottle-to-bottle recycling widen the system
Kofola entered Czech brewing through Holba, Zubr and Litovel, regional names made in Hanušovice, Přerov and Litovel. It completed the purchase of Slovak vending operator ASO VENDING in August 2025 and invested in General Plastic, whose Kolárovo and Senica facilities convert used PET into flakes, granulate and new bottle preforms.
- Meet Holba, Zubr and Litovel Three breweries, their local roots and Kofola's rationale
- Confirm the completed beer transaction The ownership structure recorded in March 2024
- Inside Slovak vending The completed purchase of Slovakia's largest vending operator
- Trace a PET bottle's return Flakes, recycled granulate and new preforms at General Plastic
- Open the sustainability report Official English account of products, plants and resource priorities
Official profile sources: Kofola - The story behind every sip · Kofola CeskoSlovensko as investor relations · Kofola signs agreement to buy 100% stake in the largest vending company in Slovakia
Current 2026 update
What is changing at Kofola CeskoSlovensko as in 2026?
Kofola's August transactions move two portfolio plans into ownership: the BHMW operating business completed its insolvency transfer, and Kofola says a 52% CØKAFE stake adds cafés to a path from its Panama farm through a Czech roastery. Beer weakness and Radenska's post-2026 Pepsi transition remain the operating counterweight.
The change in one sentence
August converted two portfolio ideas into completed transactions: the BHMW operating business and a 52% café stake.
BHMW arrives through a Kofola-majority vehicle shared with Invest Gate; CØKAFE is majority-owned while its founder remains a co-owner, and neither structure should be confused with the separate 49% Alta holding.
Four lenses on 2026
The same four-quadrant format used in the Company profile.
01 · Spa-water rescue
BHMW's mineral-water business moves from court approval to settlement
On 26 August Kofola announced that the Plzeň Regional Court had given final approval for sale of the BHMW operating business and that settlement occurred at the end of August. The buyer is European Healing Waters, a vehicle majority-held by the Kofola group and shared with Invest Gate; this is not a solely owned Kofola acquisition. The July filing says the price is undisclosed. BHMW pumps, bottles and distributes medicinal and mineral waters at Bílina and Mariánské Lázně. Its brands include Bílinská kyselka, Zaječická hořká, Rudolfův pramen and Excelsior, with documented histories Kofola says reach the sixteenth century. The earlier creditor-committee and court approval conditions described in July have therefore been satisfied. The new evidence confirms transaction completion, not future commercial performance, production continuity or relaunch of each brand.
- Current signalFinal court approval · settlement at end-August · Kofola-majority vehicle shared with Invest Gate
- Why it mattersA proposed heritage-brand rescue has become an operating integration task, while ownership remains shared through the buyer vehicle.
- BHMW completed settlement Kofola · 26 August 2026 · Czech
- BHMW buyer and price boundary Kofola CeskoSlovensko · 8 July 2026 · Czech
02 · Coffee chain
A 52% café stake adds the consumer end to the coffee story
On 27 August Kofola acquired 52% of Ostrava specialty-café brand CØKAFE. Founder Richard Mauler remains a co-owner and, according to Kofola, a key driver of the business. The group presents the deal as completing a chain from Latin American coffee growing through its Strážnice roastery to the customer's cup. CØKAFE adds specialty-coffee selection, in-house bakery and pastry production, store design and a local café community; Kofola says it will provide management and expansion support, including experience from UGO. The partners plan gradual expansion into new cities, but that remains a stated next step rather than completed openings. Separately, Kofola holds 49% of Alta Fermentación, a minority platform spanning coffee, craft beer, rum and hospitality in Panama, Colombia and Ecuador. The sources do not establish a trading or supply relationship between Alta and CØKAFE.
- Current signalCØKAFE 52% majority · founder remains co-owner · Alta remains a separate 49% minority stake
- Why it mattersKofola now controls a customer-facing coffee format while retaining different ownership and partner structures upstream and abroad.
- CØKAFE 52% stake Kofola · 27 August 2026 · Czech
- Alta 49% minority stake Kofola CeskoSlovensko · 20 May 2026 · Czech
03 · Own-brand shift
Radenska's Pepsi contract ends after 31 December 2026 as beer remains weak
Radenska Adriatic's bottling and distribution agreement for PepsiCo brands in Slovenia and Croatia continues without interruption through 31 December 2026 and then ends. Kofola calls it a low-margin business contributing only a few percent of group revenue. It says the production and distribution capacity released after 2026 will support its own products and other licensed brands, citing PRAGER'S already in market and Curiosa juices and Boccetta syrups as planned additions. Those are capacity and portfolio intentions, not 2027 replacement results. The current challenge is visible in Q1: Beers & Ciders revenue fell 5.1%, adjusted EBITDA 48.1%, total volume 6.5% and export volume 21.6%. Elsewhere Kofola launched Nulka, Rajec 321 and Adriatic FunctionALL. The company therefore enters the Pepsi transition with new own-brand activity but an unresolved brewery and export weakness.
- Current signalPepsi continues through 31 December 2026 · beer adjusted EBITDA -48.1% · own-brand capacity shift remains future
- Why it mattersKofola must show that its own brands can use the freed Adriatic capacity while the brewery portfolio recovers.
- Pepsi transition and capacity plan Kofola · 17 June 2026 · Czech
- Q1 products and portfolio Kofola · 2 June 2026
- Q1 brewery evidence Kofola CeskoSlovensko · 2 June 2026
04 · What to watch
Three questions for the next disclosures
The next evidence should show operating continuity, channel integration and replacement volumes after the transaction headlines.
- BHMW continuityDoes production continue under the heritage brands, and how does the buyer vehicle reposition them?
- CØKAFE expansionWhich new cities and formats open, and how does founder-led CØKAFE use Kofola and UGO support?
- Beer and PepsiDo beer exports recover and do own brands replace Pepsi volume and revenue after 2026?
Annual record
Ranking history
Future editions add rows; they do not rewrite the 2026 record.
| Edition | Measurement period | Rank | Revenue growth | Net-income growth | Stock return |
|---|---|---|---|---|---|
| 2026 | FY2022–FY2025 | 73 | +37% | +150% | +128% |