© Copyright Acquisition International 2024 - All Rights Reserved.

Article Image - CVC Capital Partners Acquisition of PKP Energetyka
Posted 3rd August 2015

CVC Capital Partners Acquisition of PKP Energetyka

CVC Capital Partners Acquisition of PKP Energetyka

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

CVC Capital Partners Acquisition of PKP Energetyka

CVC Capital Partners Acquisition of PKP Energetyka

CVC Capital Partners (“CVC”) announced today that funds advised by CVC have signed an agreement to acquire PKPE Energetyka (“PKPE”), the energy unit of the Polish National Railways (“PKP”) in a transaction that puts an enterprise value on the business of PLN 1,965m (approx. €477m).

PKP Energetyka is a cross-country electricity distributor to the Polish railway network and to other customers. It also provides nationwide maintenance and emergency response services to the railway network, operates fuel stations for diesel locomotives and is active in electricity and gas reselling.

CVC has a track record of successfully investing in regulated industries and major strategic assets across Europe such as its 2002 investment in Inalta, the operator of a nationwide high-voltage electricity network in Spain, its 2008 investment in Evonik, the world’s largest speciality chemicals company based in Germany and its 2011 investment in Delachaux, the global rail infrastructure group headquartered in France.

István Szőke, Partner at CVC, commented: “We are excited about our first stand alone, direct investment in Poland and expect to expand our business and on the ground presence in the years to come. We are looking forward to working with the management and employees of PKPE and supporting the on-going multiyear investment programme as we seek to develop the business to be able to perform on par with the best- in-class global operators. “

The transaction is subject to regulatory approval and is expected to close in Q3 2015. Unicredit acted as financial adviser to CVC with CMS Cameron McKenna acting as legal counsel.

Categories: Finance, M&A


You Might Also Like
Read Full PostRead - Eye Icon
Finding Fantastic Franchise Opportunities
Leadership
08/02/2021Finding Fantastic Franchise Opportunities

In the current economic climate, the lack of employment opportunities, risk of layoffs, long-term unemployment outlook, and competition in the workplace have led to higher stress on the job and much lower satisfaction in the daily grind. COVID-19 has left the

Read Full PostRead - Eye Icon
What works best: HTML email marketing or plain text?
News
15/06/2022What works best: HTML email marketing or plain text?

Email marketing is a powerful tool to reach more people, increase engagement, and generate more leads. There are two ways to send an email to your marketing list, one is to spruce it up using HTML and the other is to keep is simple with plain text. Which one w

Read Full PostRead - Eye Icon
Planning Delays: New Law Promises Reform But Will Planners Deliver On It?
Legal
20/02/2024Planning Delays: New Law Promises Reform But Will Planners Deliver On It?

For smaller and medium-sized developers, 2023 was the year that everything took longer. It took longer to find and acquire land, longer to obtain bank funding and longer to get materials delivered but most of all, it took longer to get planning permission.

Read Full PostRead - Eye Icon
AXG Group and AHR Private Wealth Announce Merger to Continue Strong Growth In 2020
M&A
22/07/2020AXG Group and AHR Private Wealth Announce Merger to Continue Strong Growth In 2020

International financial advisory firm AHR Private Wealth has today announced an acquisition agreement, subject to local regulatory approval, with London-based AXG Group. The AXG Group companies’ will integrate into the AHR framework, while continuing to prov

Read Full PostRead - Eye Icon
Wave Goodbye to the  Zimbabwean Dollar
Finance
13/07/2015Wave Goodbye to the Zimbabwean Dollar

The Zimbabwe government has announced it will officially discard the Zimbabwean dollar. Hyper-inflation had rendered it near worthless, making the US dollar the most widely used currency.

Read Full PostRead - Eye Icon
Innovative Bites Acquires Hancocks
M&A
13/04/2017Innovative Bites Acquires Hancocks

Confectionery powerhouse Innovative Bites has today, Wednesday 12 April 2017, acquired Hancocks Holdings, the UK’s leading supplier of wholesale sweets, from H2 Equity Partners and management.

Read Full PostRead - Eye Icon
Built on Integrity, Innovation, Energy, Value and Trust
Innovation
22/11/2019Built on Integrity, Innovation, Energy, Value and Trust

Optimizt Technologies offers specialist engineering and technology services to a diverse range of businesses globally, including automobile, medical equipment and heavy machinery to name a few.

Read Full PostRead - Eye Icon
7 Misconceptions About Workers’ Comp Insurance
Finance
03/12/20217 Misconceptions About Workers’ Comp Insurance

Workers’ compensation is an important right, yet too many people are unaware of exactly what workers’ comp is or what you’re entitled to. To set the record straight, take a look at these seven misconceptions about workers’ comp insurance now:

Read Full PostRead - Eye Icon
Uncloak Technology for Cutting-Edge Brand Protection
News
18/03/2024Uncloak Technology for Cutting-Edge Brand Protection

Uncloak Technology for Cutting-Edge Brand Protection In the ever-evolving terrain of the digital age, the realm of brand protection has witnessed a paradigm shift with the advent of Uncloak technology. This groundbreaking innovation has revolutionized the way



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have 14 unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow