RP Capital acquired 66% of CE Wood

RP Capital acquired 66% of CE Wood, one of the largest Czech wood logging firms. RP Capital plans to invest more than Kč 1 billion in business activities in forestry as well as wood extraction and processing. Petr Kellner participated in RP Capital’s establishment.

CE Wood a.s. (www.cewood.cz)
CE WOOD is the largest Czech holding company with focus on the forestry, the wood processing industry and business. Consolidated sales of the holding reached CZK 5.672 billion in 2006. The CE WOOD holding employed more than 3,700 employees in 2006.

RP Capital Group (www.rpcapitalgroup.com)
RP Capital Group is a London-based investment firm founded by Rafael Berber and Petr Kellner in July 2004. Mr. Berber formerly served as Vice Chairman of Global Capital Markets & Financing and the Global Head of the Equity-Linked Products Group at Merrill Lynch, where he spent 16 years spearheading the development of the firm’s equity derivatives and emerging markets franchise. Mr. Kellner is the owner of PPF Group, the largest private financial company in the Czech Republic with assets of $7 billion.