American equity fund invests in Polish vodka

"It is a large transaction and a big challenge for us," stated OCM deputy president Justin Bickle. Polmos Lublin has a 9.5% share in the domestic spirits market. The agreement was signed by Shot Acquisitions, a subsidiary of OCM Luxembourg EPOF Sarl, which is calling for the Polmos share offering to be zł 52 per share. The agreement has to be approved by the Office for Competition and Consumer Protection (UOKiK), which earlier refused to grant consent to the American CEDC, also interested in buying Polmos Lublin. "We do not expect the refusal of the Office since we do not have similar investments in Poland," stated Bickle, while Polmos deputy president Waldemar Wasiluk said that UOKiK will probably grant its consent within two months. The new owner and the board declare that the company's strategy will not change after the takeover. Polmos Lublin is not planning any dividend payout. (Puls Biznesu, p. 9) E.B.