CVC to invest €100 mln in Poland

Following the acquisition of state-owned PKP Energetyka, private equity fund CVC Capital Partners is targeting their next investment projects in Poland, in total, the company may spend at least €100 mln, Reuters reported. Today, on September 25, the acquisition of PKP Energetyka was finalized. "We treat Poland as a west European country ... There are many mid-size private firms, which are well-functioning and need capital and know-how," Przemysław Obłój, a member of CVC's London-based central and eastern Europe team, told Reuters. The company may finalize another acquisition in Poland next year, as it's interested in any transaction worth over €100 mln, Obłój pointed out."We are currently eyeing up one company, but I cannot reveal any more details. We do not limit ourselves to any one sector," he said earlier. Recently, CVC has opened its office in Warsaw.