Maspex Wadowice plans an IPO to fund investments

In his opinion, consolidation of the food sector is unavoidable, especially with Polish food companies still small as opposed to foreign ones. "In recent years, the valuation of companies lost contact with reality. I am pleased that we survived this period. Now it will be easier to purchase something on reasonable terms," said Pawiński. The firm is not only interested in acquisitions within its scope of activities, but also other long-expiry food products with strong brands and similar distribution systems. "Debut on the bourse would be a good way to solve the approaching generation problem. For 18 years Maspex has had six shareholders, while another generation will soon come to power and therefore the number of shareholders will increase," said Pawiński.