Locked content Gastronauci.pl with new, Indian owner

Indian online restaurant search and comparison service Zomato has acquired Polish peer Gastronauci.pl, reports Puls Biznesu. The deal value has not been disclosed, but it is “several million dollars,” according to the daily. Zomato’s owner Info Edge recently received financing worth a total of $54 m...

Locked content Simple working on acquisition

IT company Simple is in preliminary talks about a major acquisition, the company’s CEO Przemysław Gnitecki told the Polish Press Agency in an interview. “We are in initial talks with an entity comparable to us,” Gnitecki said. “I do not expect the finalization to take place before the end of the yea...

No valid offers for FagorMastercook

There were no investors interested in buying all the assets of bankrupt household appliance producer FagorMastercook, the company’s bankruptcy administrator told the Polish Press Agency.

Locked content Innova Capital in no hurry to sell Expander

Private equity fund Innova Capital is not hurrying to sell personal finance firm Expander, even though it is observing interest from potential buyers, the fund’s partner Leszek Muzyczyszyn told the Polish Press Agency. “For some time we have been observing regular signs of interest in the company, m...

Locked content Polmed withdraws from investor search

Health care services firm Polmed has decided to stop looking for a strategic investor, the company said in a statement on Friday. The company’s management has decided that Polmed is capable of growing organically and through acquisitions without support from an investor. Previously the company...

Locked content Eurocash with conditional approval for Kolporter takeover

Poland’s Office for Competition and Consumer Protection (UOKiK) has granted conditional approval for the country’s largest FMCG distributor Eurocash to take over wholesale distribution centers from Kolporter. Eurocash may take over 11 tobacco product wholesale centers under the condition that it wit...

WSE to decide on merger this month

The Warsaw Stock Exchange plans to decide on a possible merger with the CEE Stock Exchange Group (CEESEG) by the end of September, the bourse’s CEO Paweł Tamborski was quoted as saying by ISBnews.

Locked content PHN closer to privatization?

Two bidders have submitted offers for state-controlled real estate group Polski Holding Nieruchomości, according to sourced quoted by Forsal.pl. One of them is Grupa Radius, which confirmed the news. “The offer was submitted several weeks ago,” the company’s press office said. Radius had been intere...

Locked content Torpol may acquire in Norway

Railroad construction firm Torpol, which is now carrying out several contracts in Norway, is mulling either cooperation with local partners or a local takeover, the company’s CEO Tomasz Sweklej told daily Parkiet. “We are considering all options. It depends on the kind of orders we manage to get and...

Locked content Mid Europa to invest PLN 2.5 bln in Poland

Private equity firm Mid Europa Partners will invest some PLN 2.5 billion within the next few years, the company’s managing partners told Puls Biznesu. “We will get engaged into several large projects,” senior partner Zbigniew Rekusz told the daily. The company has raised €800 million for its new PE ...