Innova to buy more companies this year

Innova Capital, one of the largest equity funds in Poland is planning to acquire more companies spending around €50-80 million this year, according to its managing partner Andrzej Bartos. "I am expecting us to invest €50-80 million in 2 or 3 entities," Bartos said in an interview for Puls Biznesu daily. Innova is considering investing in consumer products such as diapers and cosmetics. But the company will have a look at Good Food and Sonko waffle manufacturers as well. "We will be looking into additional acquisitions for Bakalland and Delecta, because we want to expand their portfolio," Bartos pointed out.