Locked content Aplisens buys Czah-Pomiar for up to PLN 9.2 mln

Measuring instruments manufacturer Aplisens signed an agreement to buy 100 percent stake in Czah-Pomiar. The deal value is up to PLN 9.2 million. The payment will consist of two installments. The first one is set at PLN 7.7 million, while the second will depend on Czah-Pomiar 2018 sales to one of it...

Locked content UOKiK approves Porta KMI Romania acquisition

The Office of Competition and Consumer Protection (UOKiK) has approved the acquisition of Porta KMI Romania by Porta KMI Poland, UOKiK revealed on Twitter. The Office received the application on July 4. Porta KMI Poland will take direct control of Porta KMI Romania via an acquisition of its share ca...

Locked content EPP gets approval to buy eight firms – UOKiK

The Office of Competition and Consumer Protection (UOKiK) has approved the acquisition of eight companies (Appel, Braam, Geel, Rood, Sering, Tulp, Zilver, and Zwart) by the Dutch EPP N.V., UOKiK revealed on Twitter. The Office received the application on June 29. EPP will take direct control in thos...

Locked content Inwestorzy.TV buys 97.75% in Inwestycje.pl

Media company Inwestycje.pl and its shareholders, Przemysław Spyra and Greycloud, who own 97.75 percent of the stake, signed an agreement with Inwestorzy.TV. Under the agreement, Inwestorzy.TV will receive 97.75 percent of Inwestycje.pl stake, and the two companies will merge by the end of 2019. Inw...

Locked content Bank Pekao Q2 net profit up at PLN 539.8 mln

Bank Pekao group Q2 net profit grew to PLN 539.8 million from PLN 535.1 million a year ago, above analysts’ forecast of PLN 536.2 million. Q2 net interest income stood at PLN 1.24 billion, close to the expectations. The interest margin increased in Q2 to 2.83 percent from 2.82 percent y/y. The...

Locked content Ciech buys Spanish Proplan for €44.6 mln

WSE-listed chemicals group Ciech has bought 100 percent stake in the Spanish Proplan Plant Protection Company. The deal value is €44.6 million. €4.5 million will be paid in equal installments during the period of 2019-2022. The current agreement to buy all Proplan shares replaced the previous agreem...

Locked content Amica back in talks to buy Spanish Fagor

WSE-listed white goods producer Amica started talks with a Spanish contractor with rights to the Fagor brand, aimed at acquiring a license for this brand, the company said. Back in November, Amica submitted a €5 million offer for the Fagor brand owned by the bankrupt Spanish appliance group Edesa In...

Locked content Śnieżka owns 55.3% votes in Radomska Fabryka Farb i Lakierów

Paint producer Śnieżka received 55.3 percent voting rights in Radomska Fabryka Farb i Lakierów, Śnieżka informed. The company said that by June 28 it bought 444,997 A, B, C, and D series shares and 2.5 million E series shares placed in a private subscription. Each share gives two voting rights. Śnie...

Locked content PKN Orlen gets approval for Unipetrol squeeze out

PKN Orlen received from the Czech National Bank an approval to acquire the remaining  5.97 percent of Unipetrol shares owned by minority shareholders. The remaining 94.03 percent stake already belongs to PKN Orlen. The deal value is CZK 380 per share or about CZK 4.11 billion in total. Following the...

Locked content Elemental Holding buys 32% in Evciler Kimya

Elemental Holding signed an agreement to acquire 320 shares in its unit Evciler Kimya Madencilik ve Degerli Metaller Sanayi Ticaret Anonim Şirketi (Evciler Kimya). This equals to 32 percent of share capital. The unit is based in Ankara, Turkey. In 2014  Elemental Holding announced that two condition...