Increasing our stake in Golpasz S.A.
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.
Golpasz S.A. is one of the leading Polish producer and supplier of industrial feed for farm animals, mainly poultry, pigs and cattle. Supported by Resource Partners the company doubled its production capacity, implemented innovative feeding programmes and a new customer service programme. The company also has opened its new production plant in Podkonice Duże (central Poland) and increased sales to almost 500 tonnes annually.
“Since we have been the investor in Golpasz S.A. the growth of sales has been faster that the market one. Increasing our investment will give the company an opportunity to start further investments, including modernization and expansion of two already existing production plants, said Aleksander Kacprzyk,” Managing Partner of Resource Partners.
“We are really happy that Resource Partners Fund appreciates our work and successes, as our clients do, without whose trust we would not be able to grow dynamically. We are convinced that the Fund’s higher capital involvement will allow us to implement our ambitious development plans,” said Golpasz S.A. CEO, Wiesław Ilków.
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.
