Steel mergers?
According to Puls Biznesu
sources, Roman Karkosik, who owns Alchemia, and Przemysław
Sztuczkowski, who owns Złomrex, might discuss the merger of
their companies at the beginning of December.
This information was confirmed by people close to Karkosik, but the investor himself did not comment on the rumor. However, Przemysław Sztuczkowski slammed down the gossip and told journalists, "There are no such talks. Even if they were, they would be held in full confidentiality".
According to Puls Biznesu, the talks are in a
very early stage. "These are the first preparations to widely
perceived cooperation, including capital links," said a
person from Roman Karkosik's team.
If the parties reached an
agreement, this would be the largest merger of two private
entities in the steel sector in Poland. "The group of Alchemia
is comprised of plants technologically fitting the operations
of Złomrex, such as Huta Bankowa and Huta Batory, while Złomrex
has a distribution network which Alchemia lacks," said a
sector representative.
Source: Puls Biznesu (M.M.)
