Protektor working on strategy, takeovers possible

Military and protective footwear manufacturer Protektor is in the process of preparing a strategy for the next two-three years, the company’s CEO Piotr Skrzyński told the Polish Press Agency in an interview published on Monday. Takeover are not ruled out. The proposed strategy will include both organic growth and possible acquisitions on the personal protective equipment market, Skrzyński said  The strategic plan is yet to be consulted with Protektor’s supervisory board. In organization and financial terms, Protector could buy at least one entity with PLN 15-20 million revenue over the next two years, the CEO said. Acquisitions could be financed with outside funds, without a share issue, he added.