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Kapitalska družba, d. d., Slovenska odškodninska družba, d. d., družba Iskraemeco DUS, d. d., KD Kapital, d.o.o., Adriatic Slovenica, d. d. and PM & A Investicijsko podjetje, d.o.o. signed the agreement for sale of 97.6 percent of the Iskraemeco's ownership share today. Based on lengthy negotiations and discussions with all bidders, our majority owners estimated that the Egyptian company from El Sewedy Group represented the best development vision.
From commencing of sales procedure, the Iskraemeco’s Managing Board put a lot of effort in finding a long-term strategic partner who would be familiar with our business, and who would provide new capital, and would be in favour of the company growth and expansion.
Our new owner, as all potential buyers, performed two due diligences in our company. In that occasion, we expressed our expectations for further business activities of the company. We got the impression that the representatives from El Sewedy Group understood the specificity of knowledge and development attitude of our company. We therefore expect to have the possibility to fulfil our planned strategy and investment in research and development.
When signing the agreement for purchase, our new strategic owner obliged himself to invest in the development of employees and strengthen our sales networks in international markets. He will keep and develop places of work and the registered office of the company in Kranj.
We believe that our new owners can contribute to the development and growth of our company with their knowledge and experiences.
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