Rumors of future merger between Ster-Projekt and Emax

The management boards of publicly listed system integrators, Ster-Projekt and Emax are currently in talks over a possible merger. "As until now the companies have not carried out due diligence and no definite agreement has been signed," said an anonymous informer quoted by Puls Biznesu, adding that the talks began in the summer, and have been suspended until Ster-Projekt completes its current additional share issue. However, company representatives deny rumors of a merger. "Ster-Projekt is a very well run organization. We are in talks concerning joint projects, not a merger," said Emax president Piotr Kardach. The President of Ster-Projekt, Piotr Smólski, said in an interview last week that the company plans to surpass Computerland within the next couple of years in terms of size. According to analysts, such plans cannot be executed without a merger with another large company from the sector. (Puls Biznesu, pp. 1, 4) A.K.