MOSCOW, October 6 (Itar-Tass) —— In the framework of the much-spoken-about criminal cases, Russia’s Investigative Committee arrested assets managed by Salford Capital Partners.
Salford Capital Partners controls several popular brands of mineral and drinking water, including Borjomi, in the Balkans, Ukraine, the Bloomberg reports. There are proofs the assets belong to Berezovsky and to heirs of Patarkatsishvili.
Due to the arrests, owners of Salford Capital Partners are hurrying to sell their facilities, including the one producing a well-known Saint Spring.
Analysts have warned the legal risks for purchases of those assets are very high: “Buying an asset which may be arrested in a day or two is highly risky. It would not be the best variant for investment funds,” RUXX’s Research Director Ilya Lushnikov said.
Salford Capital Partners have big assets in countries of the Balkan region. Most likely, the assets there may be frozen. A similar situation is likely to happen in Ukraine and in Georgia, experts say.