Recent DevelopmentsRecent Developments • July 18th, 2005 • Central European Distribution Corp • Wholesale-beer, wine & distilled alcoholic beverages
Acquisition of Delikates. On April 28, 2005, we acquired Delikates Sp. z o.o., a leading distributor in the Poznan region, for approximately $2.35 million, of which 80% of the purchase price was paid in cash and 20% of the purchase price was paid in shares of our common stock.
