We are pleased to inform that on May 7th 2018 a preliminary agreement was signed by VGL Group under which terms Private Equity 21 Concordia Fund managed by special purpose entity Polinvest 8 S.á r.l will take control of 40% of ownership in VGL Group.
It is a completion of a project that was started in June 2017 with purpose of acquiring financial partner with know-how and experience who will be able to support VGL Group in market consolidation processes among other things.
We are certain that after many years of dynamic organic growth we are ready to take another big step in development and widen our scale of operations by means of M&A in the TSL business.
New Partner will be a support for VGL Group in reaching new clients as well.
The transaction will be finalized after obtaining permission from by Proper Regulatory Authorities (UOKiK). We expect it to happen in mid-June.
