
Resource Partners increases stake in Golpasz
Resource Partners has bought additional shares in portfolio company Golpasz, a Golub-Dobrzyń-based animal feed producer, thereby increasing its stake from 67% to 85%.
The Polish private equity firm has been an investor in Golpasz since December 2015, when it acquired a majority stake through a management buyout.
Resource Partners' further backing of the company will enable Golpasz to start further growth plans, including modernisation and expansion of two existing production plants.
The follow-on investment in Golpasz was made from Resource Eastern European Equity Partners I (REEEP I), the fund that originally invested in the company.
Its successor vehicle, REEEP II, held a first close on €100m in December 2016, and since then has held a follow on close with currently €121m in commitments, Unquote understands. REEEP II has a €200m hard-cap.
Previous funding
Resource Partners acquired animal feed producer Golpasz in a management buyout in December 2015, acquiring shares from the company's founders and management. At the time, the company's board retained a significant shareholding.
Company
Founded in 1968, Golpasz is an animal feed producer headquartered in Golub-Dobrzyń. The company makes feed for poultry, pigs and cattle. It has four production facilities in Poland.
People
Resource Partners – Aleksander Kacprzyk (managing partner).
Golpasz – Wiesław Ilków (CEO).
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