A year ago, Czech-Slovakian Penta Investments private equity fund invested in Zabka, the biggest convenience retailer in Poland.
“Zabka is for sale but not earlier than in 3-5 years. We will consider three options: a sale to an investor from the retail sector, to a financial investor or listing the company on the stock exchange”, Jacek Roszyk, Zabka CEO said.
Today, Zabka has 2,000 shops and plans to have 7,500 of them in the future. The company plans to grow organically and through acqusitions.
“We won’t buy anything this year”, Jacek Roszyk assured.
He adds that within the next 2-3 years, many Polish companies will be subject to acquisition. Zabka wants to be present abroad, too. It has already 10 shops in Prague.
Last year, Zabka had PLN 1.6bn (EUR 475m) of sales and PLN 40m of net income.
(PLN 1 = EUR 0.297)