PKP Cargo on the lookout for takeovers

Poland’s largest railway freight operator PKP Cargo is in advanced talks on takeovers in the logistics sector, the company’s CEO Adam Purwin told Parkiet. “We are now analyzing several acquisition projects. The talks are at various stages of advancement,” Purwin said. More information will be available in Q4 this year, he added. The company is considering takeovers both in Poland and abroad. It is already present on the railway freight markets of eight countries. It plans to buy companies mostly in those countries where it already has operating licenses. In Poland, PKP Cargo is focusing of expanding its range of activity with acquisitions, and on buying firms that would be complementary to its offer.