Abris acquires majority stake in Industrial Division

Abris Capital Partners has invested in Industrial Division, which operates in the railway transport market, becoming its sole owner. Officials argue, that due to cooperation with the Abris Capital Partners, Industrial Division will increase the scale of its activities on the markets, and also offer their services for passenger carriers. "The company will offer its customers railway vehicles, along with additional services. Comprehensive management support and service, as well as supervision of the necessary modernization, which will allow carriers to focus on developing their core business," the statement informed. Abris Capital Partners is an independent private equity fund. It focuses on the possibilities offered by medium-sized companies in the main countries of Central and Eastern Europe, investing for three-five years on average.