Expats

Advent Water Controls 100% Stake in Bulgaria Top Water Bottler Devin [May 21, 2010] Bulgaria's leading water bottling company Devin has a new owner - global private equity fund Advent International. File photo Advent Water, the special purpose vehicle set up by US-based Advent International for the acquisition of leading Bulgarian mineral water bottler Devin, holds 100% stake in the company following a squeeze out proposal. [via YahooNews] More >>

Bulgaria's Devin CEO Named Business Personality of 2009 [Apr 22, 2010] Tsvetan Lazhanski is chief executive director of Devin and holds a 2.3% stake in the company. Photo by personal archive Tsvetan Lazhanski, executive director of Bulgaria's top water bottling company Devin, has been elected business personality of the year 2009 in a poll, organized by business weekly Capital and Nova TV channel. [via YahooNews] More >>

Bulgaria's Devin CEO Named Business Personality of 2009 [Apr 22, 2010] Tsvetan Lazhanski, executive director of Bulgaria's top water bottling company Devin, has been elected business personality of the year 2009 in a poll, organized by business weekly Capital and Nova TV channel. [via YahooNews] More >>

Bulgaria Oks Advent Squeeze Out Proposal for Devin [Apr 13, 2010] Bulgaria's leading water bottling company Devin has a new owner - global private equity fund Advent International. File photo Bulgaria's financial watchdog gave the green light to US-based Advent International squeeze out proposal for approximately 1% of the shares in leading Bulgarian mineral water bottler Devin, the company announced. [via YahooNews] More >>

Bulgaria Top Water Bottler Devin 2009 Profit Up 300% (Novinite.com) [Feb 02, 2010] Bulgaria's leading water bottling company Devin has a new owner - global private equity fund Advent International. File photo Leading Bulgarian mineral water bottler Devin said on Tuesday its net profit for last year increased more than a whopping 300% to BGN 1,1 M on an annual basis as revenues rose faster than costs. [via YahooNews] More >>

Advent to Delist Top Water Bottler Devin from Bulgaria Stock Exchange (Novinite.com) [Jan 08, 2010] Bulgaria's leading water bottling company Devin has a new owner - global private equity fund Advent International. File photo US-based Advent International has unveiled plans to delist leading Bulgarian mineral water bottler Devin from the Bulgarian Stock Exchange (BSE) upon acquisition of at least 95% of the shares. [via YahooNews] More >>

Bulgaria Oks Advent Buyout Offer for Top Water Bottler Devin (Novinite.com) [Jan 07, 2010] Bulgaria's leading water bottling company Devin has a new owner - global private equity fund Advent International. File photo Bulgaria's financial watchdog gave the green light to Luxembourg-based Advent Water to buy out the 21% stake it does not own yet in leading Bulgarian mineral water bottler Devin. [via YahooNews] More >>