Prague, August 1, 2008 – Private equity group Arca Capital sold its 50 – percent share in VCE – transformatory, s.r.o. The new sole proprietor of VCE- transformatory, s.r.o. is ECO-INVESTMENT, a.s.
VCE – transformatory, s.r.o. is the only manufacturer of distribution transformers in the Czech Republic and offers full services in this area. The history of the company goes back to 1925. In addition to manufacturing new transformers, the company also deals with restoration and disposal. The production portfolio also includes coupling transformers HDO.
The 100-percent owner of VCE – transformatory, s.r.o. is Asatoma, a.s., of which the only shareholder, after buying of 50 percent of their shares from Arca Capilal, is ECO-INVESTMENT, a.s.
No financial details of the transaction will be disclosed.
About Arca Capital Group
Arca Capital is a private equity and real estate group of holding type, which has its representation in Slovakia, the Czech Republic, Ukraine and Great Britain. In the future, it plans new and capital demanding projects in the area of private equity and real estate in Slovakia as well as the Czech Republic, but mainly in Ukraine, where it has expanded its representation in the last few years. The group invests in companies in these sectors: food processing, power engineering, building industry, telecommunications, IT and biotechnologies. At the beginning of 2008, it has successfully completed a 5-year-long restructuring of the engineering company Czech Precision Forge, a.s. In Slovakia, present group activities are focusing on development projects, for example development of LIGHTPARK, a department store with design furniture, and the residential project HUBICE DVORY. In the beginning of 2008, the Group has entered new sector of land surveying and cartography with the purchase of GEODEZIA Bratislava, a.s. In January of this year, Arca Capital, together with its investment partners, has purchased a majority share in the Ukrainian Company CheZaRa, whose priority is the manufacture of communication and security systems in the space industry and civil sector. In Ukraine, the group prepares a large residential project Seven Springs and a development of two logistic centres. In development and reality projects in Slovakia and Ukraine, Arca Capital Group cooperates with Sollaris Developers Group. These days, Arca Capital manages assets with a total value of 125 mil. EUR. Last December, the Group issued corporation bonds, enabling individual investors to participate in financing of its projects.
Additional information:
Monika Dobrovodská
marketing & PR manager
Arca Capital
tel.: (+421) 258 253 514
GSM: (+421) 903 771 656
e-mail: dobrovodska@arcacapital.sk
www.arcacapital.sk
