Polish meat processor ZM Henryk Kania is exploring the option of bringing in a strategic investor.
Henryk Kania, based in the city of Pszczyna in south-west Poland, said in a filing to the Warsaw Stock Exchange it is in the process of hiring an adviser to look into the prospect of selecting a “significant” investor, either from the private-equity fraternity or an industry player.
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However, family-owned Henryk Kania said it is not committed to follow through on any potential deal. The adviser will be tasked with analysing any offers and to develop recommendations in consultation with management. The decision has been taken amid increased interest in the business from external parties, the company added.
Henryk Kania manufactures traditional Polish pork sausages Kabanos, cold meats, ham, pate, bacon and frankfurters. It supplies retail chains in Poland, including Jeronimo Martins’ Biedronka, Carrefour and Lidl.
The company has been listed on the Warsaw Stock Exchange since 2012.
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