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UNQUOTE
  • Exits

Resource Partners sells Golpasz to trade

  • Mariia Bondarenko
  • Mariia Bondarenko
  • 08 July 2020
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Resource Partners is in the process of selling its stake in Polish compound feed company Golpasz to De Heus Animal Nutrition, a Netherlands-based animal nutrition company.

Golpasz is a Resource Eastern European Equity Partners I portfolio company. The GP reached a third close on its debut fund on €158m against a target of €150m in October 2010.

Previous funding
PE firm Resource Partners has been a majority shareholder of Golpasz since 2015. The GP acquired Golpasz in a management buyout in December 2015, buying shares from the company's founders and management. In August 2018, Resource Partners bought additional shares in its portfolio company, thereby increasing its stake from 67% to 85%.

The acquisition is subject to approval from the local competition authorities.

Company
Founded in 1968, Golpasz is an animal feed producer headquartered in Golub-Dobrzyń. It offers a range of compound feeds for multiple animal categories, including turkey, broilers, pigs and cattle. It has four production facilities in Poland and an annual production capacity of 500,000 tonnes of compound feed. In 2017, it had unconsolidated sales of PLN 495m (€110.8m).

People
Golpasz – Wiesław llków (general manager).
De Heus Poland – Adam Zaleski (general manager).

https://www.unquotedata.com/fund/70244
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