7 February 2001

Crédit Agricole seals purchase of Lukas Group, leading provider of consumer credit in Poland, from Enterprise Investors

Warsaw, 7 February 2001 — On February 6, 2001, Crédit Agricole signed an agreement to acquire a 75% stake in Lukas SA, the leading consumer credit provider in Poland. The transaction size is approximately $262.5 million, valuing Lukas Group at $350 million. The selling shareholders are Polish Private Equity Funds I & II, managed by Enterprise Investors, and two individuals. The transaction is the largest ever completed in Central and Eastern Europe involving a private equity fund. Mariusz Łukasiewicz, founder of Lukas Group, will remain a minority shareholder of Lukas. The transaction is subject to the usual regulatory approvals. (more…)

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3 October 2000

Enterprise Investors announces the first closing of Polish Enterprise Fund IV

Warsaw, 3 October 2000 — Enterprise Investors, the leading private equity firm in Poland and Central and Eastern Europe, has announced the first closing of its $300 million new fund, Polish Enterprise Fund IV. The first closing of $200 million included eight of the largest and most influential insurance companies, pension funds and financial institutions from the USA and Western Europe, including EBRD, CalPERS, MetLife, New York Life, General Motors Pension Fund, Bank Vontobel, Partners Group, Frank Russell Capital and Enterprise Investors itself. The second and final closing is expected to take place in the first quarter of 2001. (more…)

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14 September 2000

Enterprise Investors invests in Polish Pharmacy chain

Warsaw, 14 September 2000 — Polish Enterprise Fund managed by Enterprise Investors – the leading private equity firm in Poland and Central and Eastern Europe – has recently announced its investment of $1 million in a start-up pharmacy chain, Apteki Polskie. Over the next three years EI plans to invest up to $10 million in the project, which aims to consolidate the pharmaceutical retail market in Poland. (more…)

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3 August 2000

Enterprise Investors makes its first investment in the polish healthcare market

Warsaw, 3 August 2000 — Polish Enterprise Fund managed by Enterprise Investors – the leading venture capital/private equity management firm in Poland and the CEE region – has invested in Medycyna Rodzinna (Family Medicine), one of the leading private healthcare providers in Warsaw, Poland. PEF has acquired 90% of the company’s shares. (more…)

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10 July 2000

Crown Cork & Seal and Enterprise Investors to work together in Poland’s metal packaging sector

Warsaw, 10 July 2000 — Crown Cork & Seal, the world’s largest consumer packaging company, and Enterprise Investors, Poland’s leading venture capital private equity management organization, have announced a joint undertaking that effectively pools the resources and experience of their respective Polish metal packaging operations: CarnaudMetalbox-Gopak Polska and Fabryka Opakowań Blaszanych (FOB) (more…)

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4 May 2000

Jacek Siwicki appointed managing partner of Enterprise Investors

Warsaw, 4 May 2000 — Jacek Siwicki has been appointed the Managing Partner of Enterprise Investors (EI) and charged with coordinating the firm’s expanding operations. He will be responsible for Enterprise Investors’ strategy and operations in Poland as well as Central and Eastern Europe. Jacek Siwicki joined EI in 1992 as a Partner and he has played a pivotal role in Enterprise Investors’ growth and success during the last eight years, participating in and leading investments in a wide range of Polish companies. Mr. Siwicki and his team have pioneered new concepts in financing and privatization in the course of building one of the leading private equity investment firms in Central and Eastern Europe. He is well known in Poland from his prior positions in government and consultancy as well as his positions on the supervisory boards of several Polish companies. Mr. Siwicki previously served as Poland’s Deputy Minister of Privatization (1991) and as adviser to the International Finance Corporation (1992). Jacek Siwicki received a Master’s degree in Economics from the University of Gdańsk. (more…)

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