Portalspozywczy.pl published an article about our investment in Zielony Market
Our portfolio company, SPS Handel, has just opened its 41stZielony Market store in Kowale Oleckie in Poland’s Warmian-Masurian Voivodeship. This is the first of a planned 15 store openings for this year.
The accelerated development of the network is the result of SPS Handel gaining a financial partner – Resource Partners. Under the agreement, Resource Partners will take over a minority stake for PLN60 million. The transaction will speed up investments, and the funds will be used for M&As.
In accordance with an earlier agreement, we bought additional shares from the minority shareholders and increased our stake in Golpasz S.A. from 67 per cent to 85 per cent. We have been an investor in Golpasz S.A. since December 2015.
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.