Private investment fund Advent buys up two railway sector companies

In turn, Kamax acquired another company German Keystone Bahntechnik, which operates in the same sector. According to information on Kamax's website, the company is a shareholder in Knorr Bremse and Kamaks in Przemyśl, LLMZ - a company operating in Russia, and Qingdao Kamax Buffer Equipment Company Limited in China. Advent refused to reveal the value of the transaction. "In terms of revenues Kamax and Keystone are of the same size. In total the figure stands at zł.200 million. The companies will complement one another," said Wojciech Napiórkowski from Advent fund. He went on to say that their revenues should increase by 10-15% annually thanks to liberalization in the market and the resulting demand for cars. (Puls Biznesu, pp. 1, 10) M.M.