Waspol, a distributor of alcoholic beverages, is talking to ten companies about acquisition. A number of completed acquisitions and their schedules depend on the company’s private offer. If the share issue succeeds, Waspol will complete up to four takeovers in 2010. At the beginning of 2010, the distributor estimated that it would make around PLN 10m (€2.5m) from the offer, according to Parkiet.
In January 2010, Waspol debuted on the NewConnect alternative stock exchange. It plans, however, to move to the Warsaw Stock Exchange (GPW) in the second half of 2011.
So far, Waspol has acquired four wholesale companies. In 2009, it earned sales revenues of PLN 227.6m (€56.7m) and made a net profit of PLN 975,000 (€242,700).
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