Locked content Most attractive M&A sectors – Health, retail and TMT

The most attractive merger and acquisition sectors in Poland are the health care sector, retail and TMT, according to Allen & Overy Law Firm partner Jarosław Iwanicki. The law firm published a report regarding M&A activity on the global market. It turns out that 2014 was the most active year...

Locked content Czerwona Torebka has buyer for Małpka

Shopping center operator Czerwona Torebka has signed a preliminary agreement to sell convenience store network Małpka to Cyprus-registered firm Forteam Investments, the company said in a recent news release. The deal value is PLN 362.34 million. The takeover is subject to approval from the Office of...

Locked content Innova Capital exits Libet

Private equity fund Innova Capital has sold its 30 percent stake in construction materials producer Libet to an entity controlled by its managers, the fund said in a statement on Monday. The deal value was not disclosed. The transaction was carried out as a series of block trade deals on the Warsaw ...

Locked content PTI in talks to buy Hawe

Inwestment firm Powszechne Towarzystwo Inwestycyjne (PTI) has signed a letter of intent Trinitybay Investment Ltd and Marek Falenta on the possible acquisition of all shares in telecommunications infrastructure firm Hawe. The parties have agreed on a preliminary share price of PLN 3 apiece. Hawe’s e...

Maspex buys Agros Nova assets

Major Polish food processing group Maspex has signed a prelimary agreement with PE fund IK Investment Partners on the acquisition of selected assets in Agros Nova, Maspex said in a press release on Friday. Financial terms were not disclosed.

Locked content UPS buys Poltraf

Global logistics group UPS has announced the acquisition of Polish pharmaceutical logistics firm Poltraf from Ortie Capital Investment. The deal value has not been disclosed. The takeover is expected to be finalized in the first half of 2015. “The acquisition will further strengthen UPS’s heal...

Locked content Raiffeisen to sell Polish unit – sources

Austrian lender Raiffeisen Bank International has decided to sell its Polish subsidiary Raiffeisen Polbank, according to market sources quoted by Reuters. “Raiffeisen’s Polish unit is for sale,” one of the sources said. Two others confirmed the news. Raiffeisen has merged its Polish unit with ...

Locked content Cube.ITG will acquire ITMED

WSE-listed Cube.ITG, will expand its capabilities in the health care sector. Cube.ITG’s vice-president said that the acquisition opens up doors for knowledge transfer, not only in the medical sector. Cloud computing and big data will be an important element of this technology transfer between ...

Locked content Abris rejects offer for FM Bank from BOŚ

PE firm Abris Capital Partners has rejected an offer from lender BOŚ for the purchase of its stake in FM Bank PBP, according to sources quoted by Reuters. Three other bidders are still in the process. Hungarian lender OTP, Poland’s Alior Bank and PE fund AnaCap Finacial are seen as the other potenti...

Locked content Asseco to buy Unizeto Technologies

Poland’s largest IT company Asseco Poland has signed a letter of intent on the acquisition of 51 percent in local peer Unizeto Technologies, the company said in a statement on Monday. The agreed price is PLN 22.4 million. The buyer will perform due diligence at Unizeto before concluding the final sh...