Profil:
Grupa Kęty SAKety metals wants to present new strategy including acquisition processes in December
Listed metals group Kety wants to present a new strategy in December and include acquisition processes in it, the group’s deputy CEO Roman Przybylski told a video conference.
"We will present the strategy in December. We certainly see growth opportunities for the aluminium systems segment and the sun protection systems segment under development in the future," Przybylski said.
"(...) We have ambitions to grow not only in the Polish market, but also in European markets, so we will certainly include acquisition processes in further work on our strategy - which we will talk about in December," he added.
At the beginning of September, the Kety group concluded a promised agreement for the purchase of 211,815 shares in Selt, representing 100 percent of the share capital. The final sale price of the shares amounted to PLN 394.9 million (EUR 91 million).
Selt is one of the leaders in the Polish market for the production of sun protection systems, with revenues of around PLN 280 million (EUR 64.5 mln).
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