Kęty eyes up potential purchases in the metals market

Should such a move happen, it would result in Kęty's total revenues amounting to some zł.1.5 billion. The company is currently in negotiations with four suitable players, and while the group remains tight-lipped about the potential deal, Jan Kryjak, Kęty's president, revealed, "These are large companies as we are not interested in small ones. The annual turnover of these companies constitute at least 50% of our revenues. For sure, we will choose a company guaranteeing a fast return on investment." The planned transaction is expected to cost between zł.250-400 million and will be financed through a combination of the group's own funds and loans. Commenting on the potential takeover, Sebastian Słomka, an analyst with BDM PKO BP, said, "The Group has excellent prospects." (Puls Biznesu, p. 6) M.M.