Mezzanine Management backs Flucar with PLN 40 million
Mezzanine Management has provided PLN 40m of expansion capital to Flucar, a leading Polish producer of lubricating oils for the automotive and industrial sectors. http://flucar.pl/
The company currently employs around 100 people and is an independent supplier of oil lubricants to the industrial and automotive sectors throughout Central & Eastern Europe. Flucar is based in Katowice and operates a production facility in Jaslo. To meet growing demand and expand its product offering, a new production plant in Kedzierzyn Kozle is being developed.
The funds will be used to support Flucar’s CAPEX program as well as to back select acquisitions in the petrochemical & chemical sectors.