Penta invested in Empik Group in 2012. From that time, Penta initiated and executed a series of remedial initiatives including:
- Complex restructuring of Empik Group debt into a secure and stable financing
- Changing Corporate Governance of Empik Group to improve decision making processes and individual supervision of key assets by the shareholders
- Supervising the effective enforcement of non-core assets disposal by Empik Group (exit from Fashion segment, disposal of Learning Systems Poland and Optimum Distribution Group)
- Supervising a successful divestment of Smyk with an attractive valuation of the asset.
Penta currently holds, through its subsidiaries, 49% share in Empik Group.
