NewConnect shareholders of BBI agreed to the merger with Ekipa Holding

The shareholders of Beskidzkie Biuro Inwestycyjne (BBI) have agreed to merge with Ekipa Holding, the announcement said. According to the merger plan, the share exchange parity was set at one BBI share in exchange for 3 shares of Ekipa Holding.

“This is another step on the company's path to NewConnect. In addition, the company also announced the financial results for 2021 for the first time. In 2021, the capital group achieved a net profit of PLN 9.6 million with revenues reaching PLN 45.9 million ”- we read in the release.

In the process of entering NewConnect, Ekipa Holding cooperates with the largest investment company on the small market - JR Holding ASI, which is the main shareholder of BBI, with which the team intends to merge. On April 25, the ordinary general meeting of BBI passed a resolution to merge, it was also announced.

"Our cooperation with the team is going well. It is confirmed that the adopted valuation is conservative. Already in the first published results, the team exceeds the initial assumptions. This should come as no surprise to the attentive observers of this company. The Group already has several solid sources of income that are not only developing, but also have high profitability, ”said the president of JR Holding ASI, January Ciszewski, quoted in the press release.

The team of Holding S.A. was established on the initiative of the most famous and influencers in Poland. Its aim is to raise the current activities of the EKIPA to a higher level and to dynamically develop in new industries. In addition to the development and projects related to the EKIPA group, the company is responsible for production activities and the implementation of technological and lifestyle innovations in various areas of life and business.

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