Western Union Omni-Channel Strategy Gains Further Momentum Launching WU.com Online Money Transfer Capabilities in Several European Countries

The Western Union Company (NYSE:WU), a leader in global payment services, announced the launch of new transactional web sites in the Czech Republic, Hungary, Lithuania, Malta, and Slovakia. With these new introductions, Western Union now has online transactional services in 29 countries, enabling consumers to send money to over 200 countries and territories worldwide.

MWV Agrees to Sell European Tobacco Folding Carton Business to AR Packaging Group

MeadWestvaco Corporation (NYSE: MWV), a global leader in packaging and packaging solutions, announced today it has signed a definitive agreement to sell its European-based tobacco folding carton business to AR Packaging Group AB, a maker of paperboard cartons, flexible packaging, and trays based in Lund, Sweden. The business has annual revenue of approximately $190 million (146 million), which is included in MWVs Food & Beverage segment. Terms of the agreement were not disclosed, and the transaction is expected to be completed in the next several months.

Ecolab’s Apex Warewashing System Helps Restaurant and Foodservice Operators Throughout Europe Improve Results, Save Water and Energy

Ecolab Inc., the global leader in water, hygiene and energy technologies and services, has launched Apex, a warewashing system that will provide the cleaning results restaurant and foodservice operators throughout Europe expect, while reducing water and energy use.

Enterprise Heads Further Into Europe with Franchisee Agreements in Poland and Czech Republic

As part of its ongoing European expansion strategy, Enterprise Rent-A-Car has selected new franchise partners in Poland and the Czech Republic, providing greater choice and mobility to customers across all major airport and city locations in these two European markets. These agreements consolidate the companys footprint in Central and Eastern Europe, further increasing access for customers.

Molson Coors to Acquire Central and Eastern European Brewer StarBev

Molson Coors Brewing Company (NYSE: TAP; TSX) today announced that it
has signed a definitive agreement with StarBev L.P., owned by funds
(CVC Funds) advised by CVC Capital Partners Limited (CVC) and
StarBev management, to acquire StarBev for 2.65 billion ($3.54
billion). Headquartered in Amsterdam, The Netherlands, and Prague, Czech
Republic, StarBev operates nine breweries in Central and Eastern Europe
(CEE) and generated 2011 sales of approximately 0.7 billion ($1.0
billion) and earnings before interest, taxes, depreciation and
amortization (EBITDA) of 241 million ($322 million).1 The
purchase price represents a multiple of approximately 11x EBITDA.