Bumech S.A. signed a contract to purchase 99.97% of stake in Przedsiebiorstwo Gornicze SILESIA Spolka z o.o. from Energetický a prumyslový holding, a.s. and Braindour Development Limited for PLN 9.86 million.

Bumech S.A. (WSE:BMC) signed a contract to purchase 99.97% of shares in Przedsiebiorstwo Gornicze SILESIA Spolka z o.o. from Energetický a prumyslový holding, a.s. and Braindour Development Limited on January 29, 2021. The transaction value is estimated to reach PLN 9.86 million. Bumech S.A. has also agreed to pay PLN 9.17 million for a 100% stake held by Energetický a prumyslový holding, a.s. in Mining Services and Engineering (MSE).

Tomasz Krzyzowski and Tomáš Skoumal of Baker & McKenzie s.r.o., advokatni kancelar acted as legal advisor to Energetický a prumyslový holding, a.s. and Braindour Development Limited.