Enterprise Investors contemplates exit from Macon Deva in three years - Azi

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Polish investment fund Enterprise Investors, which owns construction materials producer Macon Deva, might exit the company in 2011, after it recently bought Simcor Oradea in a deal worth 53 million euros.

The Poles will invest some 17-18 million euros in expanding Simcor Oradea"s production capacity. "We want to create a powerful player on the aircrete market, and later sell it to either a strategic investor or through a public offering on the Stock Exchange. The acquisition of Simcor was much...

Read the whole story in: Ziarul Financiar