Budapest, February 2014

ARX Equity Partners and Darby Private Equity, the private equity arm of Franklin Templeton Investments, together with the experienced food industry executive Gerard Lenihan, have completed the buyout of Gramex 2000 Kft.

Gramex is a leading Hungarian manufacturer and bottler of non-alcoholic beverages, providing high quality products under its own brands, as well as in partnership with strong local and international retailers and A-brand producers.

ARX, Darby and Lenihan intend to grow Gramex in the coming years organically, via regional expansion.

Concorde MB Partners acted as financial advisor to the owners of Gramex Group.