Bogdan and Elżbieta Kaczmarek together with Innova Capital through an investment vehicle Breticontic Investments have agreed to acquire 100% of Pfleiderer Polska in a corporate carve-out transaction from Pfleiderer Group owned by funds managed by affiliates of Strategic Value Partners The transaction is expected to close in the first half of 2024 subject to the receipt of the required regulatory approvals as well as other customary closing conditions Pfleiderer Polska produces premium and high-quality wood-based panels, with customer-focused service and a consistent sustainability orientation. The business has three production facilities, including Pfleiderer Grajewo, Pfleiderer MDF Grajewo, and Pfleiderer Wieruszów. Pfleiderer Group is 100% owned by funds managed by Strategic Value Partners, a global investment firm. said: “After a long history as part of the Group today’s announcement formally separates Pfleiderer’s German and Polish panels activities We see the investment from the Kaczmarek Family and Innova Capital as a strong vote of confidence in Pfleiderer Polska’s strategy and business model the recognition of its client relationships and the quality of the management team and broader employee base This divestment will not affect the remaining activities of the Group which include Pfleiderer Deutschland and Silekol in Poland.” who team up with Innova Capital in this transaction are private investors and owners of Central European manufacturers of quality furniture and mattresses The deal is a fourth transaction executed under Innova Capital’s newest Innova/7 fund which has raised over €350m in the last 12 months Complimentary capabilities of the consortium members will enable the new investors in Pfleiderer Polska to benefit from its recognition in the local market and further growth opportunities including those related to green transformation The Company is already a frontrunner in the usage of post-consumer-recycled wood and intends to further develop this sourcing strategy Strategic Value Partners and Pfleiderer Group were advised by Rothschild & Co for financial matters while Kirkland & Ellis acted as legal advisor Greenberg Traurig acted as legal advisor for Bogdan and Elżbieta Kaczmarek and Innova Capital We use cookies for keeping our website reliable and secure providing social media features and to analyse how our website is used.