November 30, 2011
The Ownership Structure of the Břeclav-Based Gumotex Company Has Changed
Prague, December 1, 2011
The Břeclav-based joint stock company, Gumotex, the largest domestic manufacturer of bed mattresses and products using polyurethane foam, has changed its ownership structure. The close to 40 percent interest in the company, which had been owned by Genesis Capital, has now been taken over and purchased by the other current shareholders – a consortium made up of the investment companies, Milestone Partners and Expandia – and the CEO of Gumotex, Mr. Jiří Kalužík. Genesis Capital, which is one of the largest private equity firmsin the Czech Republic, has successfully completed a transaction, which began with an initial investment into Gumotex dating back to 2006.