Bomi wants to grow and not be a take over target
In line with earlier announcements, delicatessen chain Bomi merged with a network of supermarkets Rast. However, the market is full of speculation that following recent take overs, Bomi itself could be swallowed up by a larger retailer, such as Emperia.
"In spite of market speculation, Bomi is not for sale. And certainly not at the current valuation and situation on the bourse. We are now one of the best structured and rapidly developing trade companies, and we face enormous opportunities to develop," said Krzysztof Pietkun, deputy chairman of the supervisory board of Bomi and one of the company's shareholders.
He stressed that the main shareholders back the long-term strategy of the firm and are actively involved in its development. "We do not think of selling the company. On the contrary, we are negotiating further acquisitions, mainly in retail trade," said Krzysztof Pietkun.
However, the firm might merge with a large player to obtain synergy effects and to create more value added.
Source: Puls Biznesu (M.M.)
"In spite of market speculation, Bomi is not for sale. And certainly not at the current valuation and situation on the bourse. We are now one of the best structured and rapidly developing trade companies, and we face enormous opportunities to develop," said Krzysztof Pietkun, deputy chairman of the supervisory board of Bomi and one of the company's shareholders.
He stressed that the main shareholders back the long-term strategy of the firm and are actively involved in its development. "We do not think of selling the company. On the contrary, we are negotiating further acquisitions, mainly in retail trade," said Krzysztof Pietkun.
However, the firm might merge with a large player to obtain synergy effects and to create more value added.
Source: Puls Biznesu (M.M.)
