Abris Sells Stake in Siodemka to DPD Polska, Completes IPO of Masterlease (CEE and CIS)
Source: Unquote.com | Author: Author: Alice Murray
Central and Eastern Europe-focused private equity fund manager Abris Capital Partners has completed its second exit of Poland-based delivery company Siodemka via a sale to DPD Polska, a Poland-based provider of parcel services. Abris originally invested in Siodemka three years ago. Financial details of the transaction were not disclosed. Separately, Abris’s portfolio company Masterlease Polska, a Poland-based provider of fleet management, leasing and financing services, has listed on the Warsaw Stock Exchange. The company set its share price at PLN44 (approximately US$15) each and sold 4.8 million shares, representing 40 percent of the company's share capital. Abris retained a significant shareholding in Masterlease following the flotation.