Polish Foundation MCI seeks to take control of Pigu | Business



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The fund managed by MCI Management last week submitted to the Competition Council a request for exclusive control of Pigu and wholesale electronics in Poland on Morele.net

It is alleged that Pigu will acquire MCI with D & C. Other "Pige Shareholders" and Morele. By signing the shareholders' agreement and after the transaction has been concluded, the scope of all their management rights will change, so MCI will acquire sole control over the companies.

"We make sure that Pigu.lt is not sold in. In detail, we will inform you when we have a specific resolution, because there is currently only discussions on a possible cooperation" , says Dainius Liulys, managing director of Pigu.lt.

Marketing Director of Pigu Giedrė Vilkė BNS argued that MCI would not become the only "Controller. She promised to provide more information after the transaction.

Currently MCI's managed fund MCI.PrivateVentures holds 51%. Pigu shares, which they bought for a non-eligible amount in July 2015. 26 percent more The company Donut Karos LTU Invest owns 15%. – "LTk Capital" managed by Tado Karoso, 7.99%. – The company Dainius investicijos

The last Verslo zinios wrote last July that MCI was considering the possibility of leaving Piga, and a way was to do it through a public offering of shares (IPO).

Group "Pigu", which consists of Pigu, Pigu Latvia and DLB Trading, a leading online retailer in the Baltic States, received a total of 72.1 million euros during the year. fiscal year 2016-2017. consolidated income in euros and earned 551 thousand euros. consolidated net profit in euros. The 2017-2018 results group, which starts in April and ends in March of the following year, has not yet announced.

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