Tractor maker Ursus a possible take-over target for Pol-Mot

According to unofficial sources it is also conducting talks on tractor producer Ursus, which belongs to the Bumar group, for its newly created company. "I can confirm that we are considering acquiring a few producers of agriculture machines from outside of the holding. We also do not exclude linking with Ursus," said Andrzej Zarajczyk, president of Pol-Mot Holding. Ursus denied any such talks were being held. The new agricultural entity will be formed from three companies of the holding represented in the sector. Plans envisage the creation of one distribution base, while the president of Pol-Mot hopes to make savings on purchasing metal sheet and a more efficient utilization of sales network. President Zarajczyk claims that his company wants to take advantage of the healthy development prospects of the agriculture sector in Poland. Pol-Mot intends to acquire companies from outside the holding to increase the chances of a successful debut on the bourse. (Puls Biznesu, pp. 1, 5) M.M.