Black Point S.A. (WSE:BPN) agreed to acquire Scot Sp Z O O from Loquinar Limited for PLN 14.5 million in cash and stock on September 20, 2012. SCOT's turnover in 2011 amounted to PLN 167 million. The transaction is expected to complete on September 28, 2012. Szczepan Czyczerski of PROFESCAPITAL acted as financial advisor to Loquinar Limited.


Black Point S.A. (WSE:BPN) cancelled the acquisition of Scot Sp Z O O from Loquinar Limited on September 12, 2013. The deal was cancelled because of unprofitability of transaction. Black Point will receive PLN 1 million in compensation and PLN 10.5 paid by Black Point will be refunded.