Mispol gets ready for changes

opublikowano: 29-09-2008, 11:43

Listed Mispol won’t be acquired by  Enterprise Investors but it may have a new owner.

Mispol, the listed producer of canned food and ready-to-eat dishes, was said to be a target of Enterprise Investors. On Tuesday, the fund will inform about its plans to buy a stake of a listed company. It is believed that it will be a company from the food or retail sector.

“I’m not in Warsaw on Tuesday”, Marek Piatkowski, Mispol CEO said denying the rumors that it would be his company.

The rumors were based on the fact that Mispol has no big shareholder and there is a group of owners who had founded the company of whom some would like to sell their stakes.

However, according to the CEO, different investors are interested in Mispol.

“We get offers but it is nothing very serious for the time being. It’s hard to say now whether the talks will lead to finding a strategic investor for Mispol or not”, Marek Piatkowski explained.

Mispol did not have a good half of the year. Sales jumped 55 percent to PLN 57m (EUR 16.9m) thanks to acquisitions but the net income amounted to only PLN 14,000 against PLN 4.5m a year earlier.

(PLN 1 = EUR 0.298)

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