21 Partners buys Polish childrenswear maker Wójcik

The GP bought a majority stake from the company's founders through its 21 Concordia vehicle, which reached a final close on €100m in September.

As part of the deal, Wójcik's existing management team will be bolstered by the appointment of clothing retail manager Robert Warnecki, and more management hires are expected.

21 Concordia will look to grow Wójcik outside of Poland, as well as expand its Polish retail network and e-commerce offering.

Company
Founded in 1987, Wójcik is a Warsaw-headquartered manufacturer and retailer of childrenswear.

The company sells its wares under three brands – Wójcik, Ceremony and Lady Diamond – in its seven proprietary shops and 30 franchises across Poland, the Czech Republic, Russia, Ukraine and the UK.

People
21 Concordia managing partner Dariusz Górka represented the GP, while founder Ilona Wójcik represented the company.

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