Posnet buys Fawag

State-owned financial vehicle Fundusz Inwestycyjny Zamknięty Mars has sold 100 percent in electronic scales producer Fawag to Posnet Polska, a major Polish cash register firm. The deal value was not announced. Posnet will continue to produce scales in Fawag’s manufacturing facility in Lublin, eastern Poland, the fund’s statement said. It was also stressed that employment levels at the factory would not change and that Posnet plans to expand production at the facility.