As the global financial crisis engulfed Europe in early 2009, Polish private equity veterans Ryszard Wojtkowski, Aleksander Kacprzyk and Piotr Noceń were gasping from some seemingly bad choices of their own.
"We very much believed in our midcap, co-financing model in Eastern Europe, and we decided to give it a try at the worst possible moment"
Resource Partners, consumer-focused investor in CEE, and AXA Private Equity, the leading European diversified private equity firm, announce today that they have acquired Delic-Pol S.A.
This transaction is another step in our cooperation with AXA Private Equity that started in May 2010 by creating a strategic partnership in Central and Eastern Europe.
Funds under the management and advisory of Resource Partners have signed an agreement to investment in Delic-Pol S.A.
We signed an investment agreement with Delicpol. Closing of the transaction depends on the decision of Poland's Anti-Monopoly Authority.