Closing the investment in Melvit
We sold aminority stake in a leading Polish grain processor Melvit to the company's majority owner, who will regain the full control of the business.
Melvit is the leading Polish manufacturer and distributor of groats, flakes and other grain products sold under several brands, such as ‘Melvit’, ‘Szczytno’ and HoReCa-dedicated ‘LeChef’, as well as under private labels. Since 2015 the company has operated one of Europe’s most modern grain processing plants. It offers the highest standards of product quality assurance, production efficiency and flexibility. Melvit is owned by Polfood, a Polish family office, specializing in food processing.
During Resource Partners involvement, Melvit became a leader on the Polish market, doubling sales and quadrupling EBITDA. In 2011, Resource Partners supported Melvit's founders in their efforts to modernize the company through a capital increase to finance the construction of a new production facility.
“We are happy to sell our shares as we achieved our investment goals. Melvit has a leading position on the Polish healthy food market and a high-quality asset base. It continues togrow and is pursuing further growth opportunities abroad. The strategy presented by our majority partner upon our entry proved to be the right one and Melvit’s highly capable management team executed it perfectly,” said Piotr Noceń, Managing Partner of Resource Partners.
RP with the “ESG Fund of the Year - Emerging Markets” award
Resource Partners has won the “ESG Fund of the Year - Emerging Markets” award at the prestigious Private Equity Wire ESG Awards! The award ceremony took place on October 9th in New York, where Małgorzata Bobrowska, Wojciech Pociecha and Paulina Janik proudly represented our team and accepted this incredible recognition.
Resource Partners-backed Buglo acquires Elverdal
Industry leader and Poland's largest manufacturer of playgrounds, Buglo Play, has acquired an overall stake and become the sole owner of Elverdal, a Danish company specialising in tailor-made projects. This transaction is an important part of Buglo Play's international expansion strategy and the implementation of the company’s key business objectives.
