Abris Capital Partners Sells Its Entire Stake in Alumetal (CEE and CIS)

Source: Bloomberg, Polish News Bulletin | Author(s): Piotr Bujnicki

Poland-based producer of aluminum cast alloys Alumetal debuted on the Warsaw Stock Exchange on 17 July after completing its initial public offering. As part of the listing, Central and Eastern Europe-focused private equity fund manager Abris Capital Partners sold its entire 55.5 percent stake in the company for PLN293 million (approximately US$95.7 million). Abris originally invested in the company more than four years ago.