Source: Parkiet
Ewa Wójcikowska, president of Global Cosmed , expects that the merger will be carried out this year.
Source: Parkiet
– We plan to connect to the Global Cosmed Group. Details are not yet established and are the subject of discussions with advisors. For more information, you should put back in April, but the plan is to Global Cosmed took this privately owned company – says Ewa Wójcikowska, president of Global Cosmed.
GCG’s annual revenues are similar to those obtained by GC ( approx. 170 million zł). One is owned by Andreas Mielimonka, the main shareholder of a listed company (to 81 per cent. Of shares). GCG has production plants in Jawor and Swietoclowice. Is a manufacturer of pipes udrażniacza brand Kret and fabric softener Sofin. Also sells manufactured by GC Apart dips and cosmetics for children Bobini. Both companies work closely together – sale to GCG represents less than 20 percent. GC revenue. – Therefore, the merger will double our revenue is not directly and should expect some consolidation eliminations – explains Wójcikowska. He adds that decided to merge the expected synergies and main shareholder personal reasons.
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