Fundusz Ekspansji Zagranicznej 2 FIZ AN to acquire a 30% stake in Teknikum from Sanok Rubber.

Fundusz Ekspansji Zagranicznej 2 FIZ AN, a foreign expansion fund, agreed to acquire a 30% stake in Teknikum, a technical polymer products designer and manufacturer, from Sanok Rubber, a rubber compounds manufacturer. Financial terms were not disclosed. "The involvement in the development of Sanok Rubber Company's activities abroad is part of the strategy of the Foreign Expansion Fund. By establishing cooperation with our partner, we appreciate Sanok Rubber Company's long-term strategy focused on product and geographical diversification, focusing on high-margin segments and transformation to new branches of the economy. The choice of the direction of expansion is also important. Finland is one of the most innovative countries in the world, with a reputation for a stable economy and an attractive business environment. This is definitely the direction in which, as a Fund, we see the potential for the growth of Polish companies," Marek Buczak, Fundusz Ekspansji Zagranicznej 2 FIZ AN Fund Manager.