METROPOL Group of companies sold its share in holding «Russian accumulators»
The transaction on sale by METROPOL Group of companies of its
shares of holding «Russian accumulators» to the second large
shareholder of the holding «Power International» took place. As a
result «Power International» became the owner of 80 % of shares of
the largest accumulator holding in Russia.
The management of METROPOL Group considers the transaction to be
a success. As financial structure, METROPOL carried out organizing
and structuring of the holding. Today the Group plans to invest the
means in new perspective projects. Making a decision on sale of the
part of holding, the management of Group of the companies
considered some variants. However with a view of optimization of
business the decision on sale of actions to the second large holder
of actions was accepted.
The company «Power International» will continue construction of
highly effective business on manufacture of accumulators with the
subsequent conclusion of «Russian accumulators» to the financial
markets, including possible IPO.
The transaction took place proceeding from an estimation of the
holding «Russian accumulators» in 100 million US dollars.
The Group includes six battery plants and business units developing and introducing new technologies, and distributing products.
№ 077-06136-100000, № 077-06159-010000, № 077-06168-001000 from 26 august 2003 year, № 077-06194-000100 from 02 september 2003 year, № 650 from 16 april 2004 year, № 3185 from 25 november 1999 year, № 21-000-1-00119 from 23 may 2003 year, № 077-07215-001000 from 9 december 2003 year