Innova sells Bakalland to billionaire Brzoska

Rafał Brzoska, responsible for the success of parcel machines, will be a shareholder of a well-known producer of dried fruits and nuts. The holding company he controls buys a block of Bakalland shares. On November 23, the shareholders of the latter signed a preliminary sale agreement, about 90 percent in total shares. The transaction is scheduled to close at the beginning of next year.

According to the news website, Bakalland’s shareholders signed a preliminary share sale agreement on November 23, 2021. The agreement provides for the sale of a stake of approximately 90 percent shares by current shareholders, including Innova Phoenix Sarl.

The latter invested in the popular dried fruit and nuts producer in 2014, when it acquired 60 percent for PLN 100 million. After the completion of the transaction, which is planned for the beginning of 2022, the shareholders of Bakalland SA will be Uno Capital Mariana Owerko and O&R Holding, i.e. an entity controlled by Rafał Brzoska.

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