Hortex preparing to enter the stock market
22:35
Hortex, a legendary brand founded in the communist era, has managed to prosper in a free market economy. Brokerage Ipopema securities is preparing Hortex for a stock market entry. “The company should be ready for a debut within half a year,” reported Puls Biznesu.
Private equity fund Argan Capital has held on to the company for over seven years now. Rumors abound regarding a possible sale of the juice and frozen food giant, but after a few failed sale moves, strategists started thinking about the WSE.
In a recent interview, Tomasz Kurpisz, Hortex CEO, was heard saying that “a stock market debut announcement is highly probable”. Shortly thereafter, a consulting firm was chosen for this endeavor.
