We closed REEEP II fund above the target of EUR100 million. Three returning investors from REEEP I were joined by two new investors.
Kent Orrgrenreplaced Mikael Fredholm as the CEO of our portfolio company, World Class Romania. Mikael Fredholm will remain as amember of the Management Board. Kent Orrgren has over 25 years' experience in healthcare and fitness sector. Previously he was a member of management boards in the leading fitness clubs in Sweden.
Our portfolio company, Melvit, participated in the PLMAinternational trade fair "World of Private Label" in Amsterdam. PLMA is one of the most prestigious trade fairs for retail and private label producers.
Our portfolio company, Golpasz, merged with Pro-Agro, a producer of industrial feed for cattle based in Radomino.
Our portfolio company, Melvit, participated in the SIAL Chinainternationalfood trade fair, the largest food trade fair in China. This year, over 100 Polish exhibitors participated.
Real Deals magazine awarded us the "Emerging Europe Deal of the Year 2016" award for the sale of Good Food.
Our portfolio company, Golpasz, introduced GMP+ standard of feed safety.
Our portfolio company, Golpasz acquired Agrolen, a company offeringcomplete feeds and supplementsfor pigs, cattle, poultry, rabbits and horses.
Our portfolio company, World Class Romania, entered into a binding agreement to acquire the fitness chain operator Club Sport Fitness Center MV S.R.L.
Our portfolio company, Melvit, participated in the SIAL international trade fair in Paris. SIAL is one of the largestfood and agriculture trade fairs in the world. This year, there were over 6 thousand exhibitors and almost 155 thousand visitors.