Sunningwell wins tender for Huta Czestochowa plant purchase

Polish industrial investor Sunningwell International Polska was the sole valid bidder for local plate producer Huta Czestochowa's takeover deal, which Fastmarkets' source in the bankruptcy trustee office expects to be signed within two months.

Bankrupt Huta Czestochowa was recommended for sale via tender in March 2020, however, the first tender failed to attract any bids.
The second tender attracted only one bidder - the current leaser of the plant, Sunningwell International Polska - but the the District Court of the city of Czestochowa is yet to approve the deal.

Some sources said that there was a second bid received after the...


Julia Bolotova

July 30, 2020

12:40 GMT