Horizon Equity has purchased ZWC “Miś”, a confectionery subsidiary of Delicpol, itself a veteran of the confectionery industry for over 50 years. The parent company is under the management of Resource Partners, considered to be one of the prominent investor groups in the region. The 100 per-cent equity sale will enable Delicpol to re-focus on [...]

The joint investor duo of PE investors Resource Partners and AXA Private Equity have completed the acquisition of Polish confectionery company Delic-Pol. The investment follows the setting up of a CEE-focused strategic alliance between the two investors in May 2010. Debt for the purchase was provided by the Structure Finance Bureau of the Corporate Banking [...]

Strategic Value Partners – a US based distressed assets investment specialist, has exited Polish personal care chain operator Polbita, five years after it had acquired Polbita’s parent company IWP International. The Polbita sale marks the third and final round of divestment of the IWP portfolio. The US alternative investment group had invested EUR 90 million [...]

Private equity firm, Resource Partners, has decided to back the management buyout of Good Foods from Avallon MBO private equity fund. This purchase takes place only 2 years after Avallon acquired the company from its original owners. Good Food (www.goodfood.pl) Good Foods has been operating in Poland since 1991. They are the leading rice cake [...]

Latvian cable TV operator SIA Baltkom TV has new ownership after two of Europe’s leading private equity investors joined forces to acquire the company. AXA Private Equity and Resource Partners have agreed to a transaction which allows them to purchase Baltkom together. The two investors entered into a strategic partnership nearly one year ago, and [...]

Warsaw-based MAVIT Medical Center has attracted new equity funding in order to help finance its expansion plans, including a new ophthalmology ward at their Katowice hospital. Providing the new funding is Resource Partners, who made a point of stating how they were impressed with MAVIT management and the quality of service the hospital provides. Resource [...]

Poland’s Resource Partners has announced the acquisition of three new portfolio companies, as it continues its investment strategy of buyouts and growth investments in CEE consumer goods businesses. Added to the Resource Partner’s portfolio is Zielony Market operator SPS, Szczytno Premium’s Melvit, and Interchem, which controls the Aster pharmaceutical brand. The company invested €15.2 million [...]

Fresh off its recent purchase of Bank of America Merrill Lynch interests, AXA Private Equity is extending its reach into Central and Eastern Europe through an affiliation agreement with Poland’s Resource Partners. The agreement will give Axa access to Poland and the Baltic States where the firm has pledged €50 million for investment in mid-sized [...]