Mid Europa Partners has shown an interest in acquiring the store chain of Polish retailer Emperia. Emperia launched a tender in June for the retail branch of its operations in an effort to raise USD 318 million. Mid Europa Partners recently purchased Zabka, Poland’s largest retail chain, and believes the acquisition would be the perfect [...]
Tag Archives: Zabka
Penta Accepts Mid Europa Bid for Zabka Polska
After a somewhat chaotic bidding process that seemed to change almost on a daily basis, Mid Europa has emerged as the winning bidder for Poland’s leading convenience store chain, Zabka Polska. Mid Europa acquires 100% of the company from Penta Investments, pending regulatory approval, after more than three tumultuous months in which investors were not [...]
Penta Reaches Deal With Britian’s Tesco for Żabka’s Czech Assets
Penta Investments has begun putting into motion its previously announced plans to divest itself of Żabka by selling the majority of Żabka’s assets in the Czech Republic. The deal, the value of which has been placed at CZK 1.02 billion, gives control of 81 Żabka franchises and 47 Koruna stores to Tesco, a British supermarket concern. [...]
Suitors Line up to Buy Zabka from Penta Investments
While Penta investments has been considering a partial divestment from Polish retail convenience store chain Zabka, various investors have lined up to express interest in acquiring the company. Though Penta has made no official decision on its plans for Zabka, and said it wouldn’t do so until 2011, that has not prevented industry experts from [...]
Penta Considers Partial IPO for Zabka in 2011
Zabka, the Polish convenience store chain owned by Penta Investments, is poised to shake up the market if Penta follows through on plans to offer part of the company in an IPO next year. The company’s aggressive expansion plans require a infusion of cash, and Penta thinks an IPO of 35% or more may be [...]
Penta’s Žabka Purchases Retail Operations of Palma-Tumys
Polish convenience store giant Žabka has reached a deal to acquire the retail operations of Czech based Palma-Tumys from Slavia Capital. The purchase includes five stores selling food and mixed goods in Prague. Žabka intends to transform and re-brand the stores to match the rest of the company’s outlets by the end of the year. [...]
Penta Investments acquires Zabka Polska from AIG Global Investment Group
Penta Investments has agreed with AIG Global Investment Group and Switalski & Synowie on the acquisition of Zabka Polska S.A., the largest independent convenience store chain in Poland. The transaction value exceeds PLN 500 million (€ 128.7 million). Zabka Polska S.A. (www.zabka.pl) Zabka was established in 1999. Zabka sells food, beverages and services such as [...]
