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21/11/2017

Elemental Holding – letter of intent from PFR TFI on behalf of Foreign Expansion Closed-End Investment Private Equity Fund

Elemental Holding has signed a letter of intent with the Foreign Expansion Closed-End Investment Private Equity Fund, managed by PFR TFI S.A., expressing its intention to continue talks relating to the purchase by the Fund of 49% of shares in the subsidiary UAB “EMP recycling” in Lithuania, as well as participation of the Fund in future investment projects planned by the Company. Thus, Elemental Holding may gain a partner for further, long-term development in Europe and in the world.

More information in Current reports  section.

About Us

Elemental Holding is a leading Polish group operating in the recycling and recyclable material trading industry and a top supplier of recyclable material for metalworks and foundries all over the country. It runs its operations using recycling facilities located in Poland, Germany, Lithuania, Finland, United Kingdom, Turkey and Middle East countries.

The Holding mainly specialises in trading in and processing non-ferrous metals a as well as electronic circuits.  (more)

 

Elemental Group