Enterprise Investors Looking at New AAC Plant in Poland

Poland’s Enterprise Investors (EI) recently made public its plans to increase investment in Macon, the building materials company it acquired in 2006. Plans call for EI to acquire an existing aerated autoclaved concrete (AAC) producer and build or acquire a third production plant to cover the southeastern portion of Poland. The expansion plans are slated to be complete by the end of 2012;

EI’s exit window for Macon is 2013-2014. In 2008 Macon acquired AAC competitor Simcor Grup, increasing the company’s already-strong position in the domestic concrete market. The company currently operates two AAC plants in Deva and Oradea.

Enterprise Investors (www.ei.com.pl)
Enterprise Investors was established in 1990 after the implementation of the U.S. government-funded Polish-American Enterprise Fund, an investment vehicle designed to provide equity funding for the Polish private sector. The firm has invested in excess of €1.3 billion in more than 100 projects in the last 20 years, while raising more than seven funds worth a combined total of €1.7 billion.

Enterprise Investors invests mainly in private, medium-sized business with an average horizon of three to seven years. Portfolio companies receive EI support in strategic planning, financial decision-making, and professional recruitment. EI prefers to stay away from day-to-day operations. While Polish investments are EI’s top priority, the firm looks at other potential projects that will help expand its reach in Central and Eastern Europe.