Krokus Private Equity acquires Izoterm

Krokus Private Equity has acquired Izoterm, one of the leading providers of thermal insulation services and manufacturers of PVC windows and doors.

Izoterm Sp. z.o.o. (www.izoterm.com.pl)
Izoterm is one of the leading providers of thermal insulation services and manufacturers of PVC windows and doors in the Polish, Slovakian and Czech markets. The Company focuses on the public sector and generated revenues in excess of € 10 million in 2006.

Krokus Private Equity (www.krokuspe.pl)
Krokus was set up by partners, Witold Radwanski, Marzena Tomecka, Robert Bozyk and Piotr Oskroba, together with Natexis Private Equity following the partners’ buy-out from their former parent AIB. The team has been responsible for managing three Polish private equity funds: NIF Magna Polonia, Nova Polonia and Prospect Poland.

Krokus PE invests between € 3 and € 10 million in expansion and buy-out opportunities in the Polish mid market.