July 2012

AXA Private Equity and Resource Partners acquire Delic-Pol S.A.

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.

Warsaw, June 06 2012. 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, the Polish confectionery producer. This is the latest transaction for AXA Private Equity and Resource Partners following the creation of their strategic partnership in Central and Eastern Europe in May 2010.

Established in 1992, Delic-Pol is a leading Polish confectionery company which specializes in biscuit manufacturing. Since its inception, the company has grown from a small business to a significant regional player with over 700 employees. In 2008, Delic-Pol acquired Miś, a fellow confectionary producer with more than 50 years of industry experience, which greatly enhanced Delic-Pol’s product range and reach.

Ryszard Wojtkowski, Managing Partner of Resource Partners, said: "Our investment in Delic-Pol demonstrates our commitment to supporting Polish companies, both in terms of performance and geographical expansion. The company has demonstrated that it can adapt to the increasing requirements and expectations of the retail market, reflected in the fact that is has now been a reliable partner of both modern and traditional retailers for a number of years. We want to increase production capacity and support the company in the next stage of its development.”

Dominique Gaillard, Member of the Executive Board of AXA Private Equity, added: "Delic-Pol is a high quality, successful business with very strong management, which is good news for our investors. Through our international network, we look forward to supporting the company as it continues to grow both domestically and internationally.”


Parties involved
Resource Partners: Małgorzata Bobrowska-Jarząbek, Ryszard Wojtkowski
AXA Private Equity: Dominique Gaillard, Marton Hunek
Debt financing: Structure Finance Bureau, Corporate Banking Bank BGŻ S.A. S.A. advised by GESSEL
The purchasers were advised by: TS Partners, Domański Zakrzewski Palinka, Kancelaria Krassowski, Clifford
Chance, Linklaters and Environ.
The seller was advised by: KPMG, Kancelaria prawnicza D. Dobkowski, Kancelaria Radcy Prawnego
Grzegorza Kowalczyka

Contacts:

Resource Partners
Małgorzata Bobrowska-Jarząbek
Investment Director

Resource Partners Sp. z o.o.
ul. Mokotowska 1
00-640 Warszawa, Poland

Tel. +48 22 377 7900
malgorzata.bobrowska@resourcepartners.eu

AXA Private Equity
The HeadLand Consultancy


Ben Girdlestone /
Daniel Kahn
+44 20 7367 5243
+44 20 7367 5247

Bgridlestone@headlandconsultancy.co.uk
dkahn@headlandconsultancy.co.uk

 

Resource Partners Press Release

Kent Orrgren at the European Health and Fitness Forum in Cologne

Kent Orrgren, CEO at World Class, performed at the European Health and Fitness Forum in Cologne. The 5th annual event brought together top experts from different sectors of the industry and over 400 delegates from 34 countries to discuss human capital in the European fitness sector.

Torf Corporation and Women’s Health award

Our portfolio company, Torf Corporation, won the Product of the Year 2017 awarded by Women's Health magazine. The winning products were: