Locked content Smyk files IPO prospectus

Toys and children clothing retailer Smyk filed an IPO prospectus with the Financial Market Supervision KNF on July 24, the regulator said on its website. Back in June, media reported that the company’s owner, private equity fund Bridgepoint is considering such move. Smyk was bought from Empik in May...

SMYK leases 6,000 sqm in D48 building in Warsaw

Retail chain SMYK has leased 6,000 sqm of office space in the D48 project, which Penta Investments is now developing in the Mokotów district of Warsaw. The tenant and the landlord were advised during the negotiations process by CBRE, and GALT (legal adviser) and Savills (exclusive leasing agent) res...

Locked content Smyk expanding across Poland

Retailer Smyk has announced that it will open four more stores this year, according to a report in the Polish press on Friday. Marek Łebek, the marketing manager and public relations spokesman, said, “The openings are smaller in size because of the fact that the new stores are located in small towns...

Locked content Empik finalizes sale of Smyk

Poland’s Empik Media & Fashion (EM&F) has concluded the sale of it’s kids fashion and toys unit Smyk to London-based private equity group Bridgepoint for PLN 1.08 billion, the company said in a filing. In January, EM&F signed a PLN 1.06 billion deal to sell Smyk, a children&#...

Locked content EC gives green light for Smyk acquisition

The European Commission has given permission for a takeover of Poland’s Empik Media & Fashion (EM&F) by a company owned by London-based private equity group Bridgepoint. In January, EM&F signed a PLN 1.06 billion deal to sell Smyk, a children’s apparel and toy store chain. Th...

UK’s Bridgepoint buys Smyk for PLN 1.06 bln

Poland’s Empik Media & Fashion (EM&F) has signed a PLN 1.06 billion deal to sell Smyk, a children’s apparel and toy store chain, to a company owned by London-based private equity group Bridgepoint, EM&F said. The price includes debt.

Locked content Three bidders for Smyk

Retail group Empik Media & Fashion (EM&F) has been considering sale of its subsidiary Smyk for a while. According to Puls Biznesu daily, there are three bidders in the game for the business valued at PLN 800 million – PLN 1 billion. The daily reported that the offers were made by such ...

Locked content Em&F mulls sale of Smyk

Retail group Empik Media & Fashion (EM&F) is considering various scenarios for its subsidiary, Smyk, one of which includes getting rid of the clothing company, the group reported. EM&F informed that is has already hired an adviser to research possible solutions for Smyk, including the sa...

EM&F to sell Smyk?

Empik Media and Fashion Group (EM&F) has been preparing to sell Smyk clothing chain, according to Puls Biznesu daily which cites several anonymous sources.