Metalkas lands 13 million pln Swiss contract ahead of its IPO

Metalkas has concluded a contract with the Swiss chain of Landi stores for more than 100,000 metal racks worth over PLN 13 million, the company said. The companies are talking about extending the scope of cooperation, among others to home and industrial ladders.

“Landi joined a wide group of foreign networks cooperating with us. We conducted our negotiations in several stages for many months. As part of them, apart from the advanced testing of samples of Metalkas products in Switzerland, Landi conducted an audit at our production plants in Bydgoszcz, during which he verified our production capacity, product quality and even the work culture of the entire organization. Finally, we signed a contract for the sale of over 100,000 shelves that will be delivered to Landi stores by the end of this year. We hope that this is just the beginning of our further, fruitful cooperation”, said president Jacek Grzenia.

Landi is a chain of over 270 Swiss supermarkets with a wide assortment – from FMCG to home and garden products.

In August, Metalkas applied to the Polish Financial Supervision Authority for approval of the prospectus in connection with the initial public offering of the company’s shares and the contemplated admission and introduction of the company’s shares to trading on the WSE regulated market.

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