December 2015

Resource Partners takes Majority Stake in Polish Animal Nutrition Specialist

Resource Partners takes Majority Stake in Polish Animal Nutrition Specialist

Funds under management and advisory of Resource Partners announced majority buyout of Golpasz S.A. from the Company’s previous and current employees.

Golpasz is the leading Polish producer and supplier of industrial feed for farm animals, in particular for poultry, pigs and cattle. The company has 4 production sites in Central and Northern Poland. In 2015 Golpasz completed an investment in a modern production plant in Podkonice Duże, doubling its production capacity.

Resource Partners and the Company’s Management Board, which remains a significant shareholder in Golpasz, plan to continue providing animal feed to the existing clients, accommodating for the growth in their herds, as well as plan to accelerate geographic expansion in Central Poland.

"As a result of Resource Partners investment in Golpasz, we gained a strong partner for further development of the Company. Thanks to Resource Partners’ specialization in the food and agri sector, we will benefit not only from strong financial backing, but also from specialized international knowledge applicable to our industry."- said CEO of Golpasz S.A., Andrzej Warnel.

“We have decided to acquire a majority stake in Golpasz  the leading Polish producer of animal feed, as we appreciate the achievements of the company and we believe in its further dynamic growth through the recently commissioned production capacity. We are impressed by the success of Polish poultry industry, which in the recent years has become the leader within the European Union. With the opening of the modern plant, Golpasz is fully prepared to respond to the market potential of the rapidly growing Polish poultry industry, by providing its current and new customers with the highest quality products at attractive prices."- said Aleksander Kacprzyk, Managing Partner of Resource Partners.

“In the near future we are going to focus on the full utilization of Golpasz production capacity. At the same time, we are open to taking part in the ongoing consolidation of the Polish animal feed industry, as well as supportive of further organic expansion.” – said Ryszard Wojtkowski, Managing Partner of Resource Partners.

 

GOLPASZ S.A.

Animal feed manufacturer with its headquarters in Golub-Dobrzyń was established in 1968. The company has completed and employee privatization in 1993 and was later transformed into  joint stock company in 1997. Currently Golpasz is one of the leading Polish producers and suppliers of industrial feed for farm animals, including poultry, swine and cattle. The company has 3 production sites in Central and Northern Poland, and in 2015 completed an investment in a 4th production plant in Podkonice Duże in Central Poland, doubling its production capacity.

 

RESOURCE PARTNERS

Resource Partners is one of the most active private equity investors in Central and Eastern Europe, specializing in consumer goods, in particular in food and agri sectors. Resource Partners manages funds provided by leading international financial institutions such as: Rabobank, European Bank for Reconstruction and Development, European Investment Fund and ARDIAN. As part of the commitment to the food and agri sectors Resource Partners has invested in the following Polish companies: Delicpol sp. z o.o., Cuprod sp. z o.o., Chojecki S.A., Good Food S.A., Melvit S.A. and SPS Handel S.A.

www.resourcepartners.eu

Resource Partners was advised by:  GESSEL, EY, ALCOM Corporate Finance, Warsaw Equity Partners and Environ.

Management and shareholders were advised by: Michał Wrzesiński, Kancelaria DJBW, Kancelaria Ożóg Tomczykowski

Contacts:
Resource Partners
Aleksander Kacprzyk
Managing Partner

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

Tel. +48 22 377 7900
aleksander.kacprzyk@resourcepartners.eu

Golpasz S.A.
Andrzej Warnel
Chief Executive Officer

Golpasz S.A.
PTTK 50
87-400 Golub-Dobrzyń, Poland

Tel. +48 56 683 51 11
awarnel@golpasz.pl

   

 

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