Enterprise Investors has invested €2.2m in EP Serwis, a Polish wooden pallets business.
EP Serwis was established in 2000 and employs 140 people at its headquarters in Kozienice, central Poland. Open pallet pooling, which accounts for around 50 per cent in Western Europe and the US, was introduced by EP Serwis to the Polish market in 2010, and is leading to significant growth in the company’s revenues, which are approaching €10m.
The investor intends to expand this part of its service offering, which is still in its infancy in Poland. As part of the deal, Enterprise Investors will take a 49 per cent stake in the company.