Mid Europa Partners to Invest in Polskie Koleje Linowe (CEE and CIS)

Source: Mid Europa Partners, Private Equity International  |  Author: Matthieu Favas

Mid Europa Partners, a private equity firm focused on Central Europe and Turkey, has agreed to purchase a 100 percent stake in Polskie Koleje Linowe (PKL), a Polish mountain tourism firm. PKL operates skiing services in six locations in Poland, and intends to use the funding to expand its operations to additional locations. Financial details of the transaction were not disclosed, but Mid Europa reportedly agreed to invest PLN215 million (approximately US$66 million) in the company.