Enterprise Investors exits Gamet
Warsaw, 29 April 2015 — Polish Enterprise Fund V (PEF V), the private equity fund managed by Enterprise Investors, has sold its 100% stake in Gamet to the Polish industry player Stalmot & Wolmet. The value of the transaction has not been disclosed.
Gamet SA is a leader on the Polish market of decorative furniture accessories. The company’s product range includes cabinet handles and pulls, wall hooks, furniture feet, door handles and drawer runners. Gamet is a well-recognized brand on many European markets. Its sales revenue in 2014 exceeded PLN 110 million (EUR 27.5 million). The company is headquartered in Toruń and has a workforce of more than 580 employees.
Stalmot & Wolmet SA is a furniture hardware manufacturer with more than 40 years’ experience in this sector. The company collaborates with leading domestic and international furniture producers and sells its products in 33 countries globally.
Enterprise Investors is one of the largest private equity and venture capital firms in Central and Eastern Europe. Active since 1990, EI has raised eight funds with total capital exceeding EUR 2 billion. These funds have invested EUR 1.6 billion in 133 companies across a range of sectors and exited 108 companies with total gross proceeds of EUR 2.2 billion.
For further information please contact:
Anna Czywczyńska, PR Consultant
tel.: +48 22 458 8500
www.ei.com.pl