Penta Investments has acquired Poland's largest steel wire and rope producer, Drumet, for PLN 120 million, aiming to revitalize the company and restore its market leadership.

Information on the Target

Fabryka Lin i Drutu Drumet Sp. z o.o., commonly known as Drumet, is recognized as the largest producer of steel wires, ropes, and staple bands in Poland. The company has carved out a significant position in the manufacturing sector, known for its advanced production technologies and high-quality output. With a robust workforce and modern facilities, Drumet has maintained a reputation for reliability and innovation within the industry.

In recent years, the company has faced challenges that have necessitated a restructuring effort. Despite this, Drumet possesses a strong potential for recovery and growth, as emphasized by its notable history of revenue exceeding EUR 100 million annually. This acquisition by Penta offers an opportunity for revitalization, focusing on both operational efficiencies and market re-engagement.

Industry Overview in Poland

The manufacturing sector in Poland has shown resilience and growth over the past few years, buoyed by the country's strategic location in Europe and its relatively lower labor costs. The market for steel products, particularly wires and