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.
Buglo Play Sp z o.o. acquires Finnish company LeikkiSet Oy
Buglo Play Sp. z o.o., one of our portfolio companies, has acquired LeikkiSet Oy, a leading Finnish company specializing in playground equipment, outdoor fitness, and urban furniture. This marks another milestone for Buglo in its mission to become one of Europe’s top three playground equipment manufacturers.
RP invests in construction blocks manufacturer COBI
Resource Partners has acquired a 40% minority stake in COBI, a company renowned for its production of toy construction blocks. Founded over 35 years ago by Robert Podleś, COBI has gained international recognition for its extensive portfolio of historical construction blocks sets, attracting a large community of collectors and enthusiasts worldwide. The company has also partnered with iconic brands such as Boeing, NASA, Lockheed Martin, Top Gun, Maserati, Fiat, Opel, Citroen and Northrop Grumman.