Business Forum • 23 December, 2024 at 1:11 PM
Enterprise Investors Fund IX has announced its plan to invest in Expobud, a supplier of prefabricated single-family houses. The fund will acquire 80% of the company's shares, partnering with its founders Michał Puciński and Krzysztof Martyna. The value of the deal remains undisclosed. The transaction is subject to approval by the Polish Office of Competition and Consumer Protection.
Since 2011, Expobud has specialized in providing individual clients with prefabricated single-family houses built of lightweight concrete based on expanded clay aggregate. This innovative material ensures excellent insulation and durability, making Expobud houses an attractive choice for customers seeking high-quality, energy-efficient solutions delivered reliably, quickly and seamlessly. The company offers a wide range of customizable designs, and it is this flexibility, coupled with a focus on quality, that has helped Expobud become the second-largest player in Poland's prefabricated housing market and a leader in lightweight concrete technology.
This year the company will construct 140 single-family houses and expects to generate revenues exceeding €14 million. With the fund's support, it plans dynamic sales growth through market expansion and product development.
“Expobud has established a strong position in the local prefabricated housing market. We are impressed by its efficient business model and ability to respond to rapidly changing customer needs. Our investment will support the company's growth across Poland,” said Sebastian Król, a partner at Enterprise Investors. He added, “Expobud is our second investment in the prefabricated housing sector after Danwood, a market leader in Germany that we owned for nearly five years. We intend to fully leverage our experience from that project.”
“The partnership with Enterprise Investors marks a milestone for Expobud,” said Michał Puciński, the company's co-founder and board member. “They have extensive experience in fostering the growth of businesses and understand the needs of entrepreneurs. With EI's support, we aim to strengthen our position in the Polish market, accelerate our growth and seize new opportunities. Together, we will continue delivering top-quality houses to our customers while expanding our product range and reach.”
Enterprise Investors is one of the largest private equity firms in Central and Eastern Europe. Active since 1990, the firm has raised ten funds, which have invested and committed €2.3 billion in 159 companies and exited 140 companies.