TDJ acquires 82.19% of FPM's shares

TDJ has finalized the purchase of 82.19 percent of FPM's shares from Rafako, the company announced. In December 2014, the representatives of TDJ and Rafako had signed an initial, conditional agreement, according to which TDJ bought 1.376 million of FPM's shares (which accounts for 82.19 percent of votes at the general meeting of shareholders) worth PLN 48 million. On February 17, the consumer rights watchdog UOKIK agreed to the transaction. FPM specializes in the production of machinery and equipment such as: electric power plants, heat and power plants as well as for companies which generate electric power for their own needs, e.g. steel mills, coal mines, sugar factories, breweries, cement mills and chemical works. TDJ is a Polish private investment company, which has been operating for over 30 years. Its investments are divided into the following areas: equity, venture, estate and finance.