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BRIEF-Centurion Finance buys 75 pct stake in PMG Concept Sp. z o.o.
October 1, 2014 / 8:23 AM / 3 years ago

BRIEF-Centurion Finance buys 75 pct stake in PMG Concept Sp. z o.o.

Oct 1 (Reuters) - Centurion Finance SA :

* Said on Tuesday it acquired 75 pct stake in PMG Concept Sp. z o.o. for 1.5 million zlotys

* Said it intends to raise its ownership to 100 pct, but further acquisition depend on financial results of PMG Concept

* Said purpose of the transaction is to strenghten position and expand in the electric installations market

* Said transaction will be financed through loan and company’s own resources

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