Brief: Centurion Finance buys 75 pct stake in PMG Concept Sp. z o.o.

Centurion Finance ASI SA

01/10/2014 08:19

Oct 1 (Reuters) - Centurion Finance SA  CTFP.WA : 
     
    * 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 
     
 Source text for Eikon:  ID:nEB3070752  
     
 Further company coverage:  CTFP.WA   
    
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Keywords: CENTURION FIN/BRIEF