Zetkama Spolka Akcyjna (WSE:ZKA) entered in an agreement to acquire 32.57% stake in Techmadex Spólka Akcyjna (WSE:TDX) from Lucjan Galecki, Dariusz Gil, Jerzy Kamecki and Henryk Cukier for PLN 8.05 million on October 13, 2014. Zetkama will acquire 0.35 million shares of Techmadex. Under the terms of agreement Zetkama will pay PLN 6.3 million in cash and will make an earnout payment of PLN 1.75 million if Techmadex achieves certain financial parameters. Equity Advisors Sp. z o.o. acted as financial advisor for Techmadex Spólka Akcyjna.

Zetkama Spolka Akcyjna (WSE:ZKA) completed the acquisition of 32.57% stake in Techmadex Spólka Akcyjna (WSE:TDX) from Lucjan Galecki, Dariusz Gil, Jerzy Kamecki and Henryk Cukier on December 19, 2014. ZETKAMA buys 0.35 million shares of Techmadex and increases its stake to 51.62%.