Bolix

 

Search our investment portfolio



On 21 August 2008, Advent International sold Bolix to Berger Paints India Ltd [BSE: 509480; NSE: BERGEPAINT]

The sale marked the successful outcome of a five year restructuring programme that resulted in double-digit revenue growth, positioning Bolix as Poland’s leading provider of specialist exterior finish insulation systems. Bolix’ annual turnover exceeded 100 million Zlotys ($45.5 million) in 2007.

A key focus of our investment was the transformation of a pure manufacturer into a service-oriented business. Initiatives included strengthening the company’s logistics, improving sales support across the wholesale channel and the introduction of pioneering on-site services for contractors.

An active cross-border expansion programme saw a tripling of export sales in Ukraine, Russia and the Baltic States. The company also successfully entered the DIY market and augmented its portfolio through the launch of several innovative products.

 

Language


English - Polski
 

Related Links and downloads


Related Investments


Contact


Monika Morali-Efinowicz

Managing Director, Head of Warsaw, Advent International SP. Z.O.O. SP.K, Warsaw
T: +48 22 627 5141