Tras-Intur construction company eyes acquisitions

06-03-2008, 15:32

Warsaw (Puls Biznesu) – The group eyes four companies, including two foreign ones. The acquisitions may be financed with a  new share issue.

Tras-Intru, a group consisting of companies producing doors and windows, including Humdrex, Synergis and Intur as well as Orion+ specializing in steel constructions, plans to grow further.

“We are talking with two EU door and window producers, as well as with two Polish firms specializing in steel constructions. The acquisitions will substantially increase sales”, Marek Grzona, Tras-Intur CEO said.

Negotiations are supposed to be concluded in this half of the year.

“We may issue new shares to finance the acquisition”, the CEO added.

According to estimates, pro forma sales of the group amounted to PLN 130-140m (EUR 36.7-39.5m) in 2007. This year, the company wants to increase sales by 5-10 percent.

(PLN 1 = EUR 0.282)


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