Arko prepares to milk its competitors
"We have just initiated the process of transforming our company into a joint-stock entity. This is the first step to enter the bourse, which would take place at earliest at the beginning of 2010, but only if the situation on the bourse improves," said Maciej Koska, investment director at Arko.
The firm is planning to boost sales revenues from zł.600 million in 2007 to around zł.870 million in 2008 and to this end it hopes to take over other wholesalers and grocery store operators.
"On one hand we want to develop distribution of dairy products to cover the whole country and become the largest player in this specialist market segment, while on the other hand we want to develop a network of stores and franchise outlets. In both cases, apart from organic growth, we shall also opt for acquisitions," said Maciej Koska.
Source: Puls Biznesu (M.M.)
The firm is planning to boost sales revenues from zł.600 million in 2007 to around zł.870 million in 2008 and to this end it hopes to take over other wholesalers and grocery store operators.
"On one hand we want to develop distribution of dairy products to cover the whole country and become the largest player in this specialist market segment, while on the other hand we want to develop a network of stores and franchise outlets. In both cases, apart from organic growth, we shall also opt for acquisitions," said Maciej Koska.
Source: Puls Biznesu (M.M.)
