Transaction of the Year, M&A of the Year is the name of the award our company has received for its acquisitions of the German company Kusch+Co and the French company Majencia earlier this year. Adam Krzanowski, co-founder and President of the Nowy Styl Group picked up the award personally. The award was presented in Warsaw, at the 4th Congress of Polish Capital, the biggest event organised by the Forbes magazine in Poland.
“We are proud of the award, especially in this category, because the series of acquisitions we have carried out is precisely what has made Nowy Styl Group’s present position possible” comments Adam Krzanowski, co-founder and President of the Nowy Styl Group. “The success of our expansions is the consequence of our approach: how much we are focused on cooperation, how much we understand people locally and how much we want to work with them. It is also important whether we feel ready for expansion. And for this to be the case, one needs to have a well thought-out concept, a model of development and people. Special thanks for work on the acquisition go to Rafał Chwast, Vice-President of the Nowy Styl Group, who is responsible for the transactions and the integration of the companies in our organisation.”
The 4th Congress of Polish Capital serves the exchange of experience between owners and managers of large Polish enterprises. During the one-day conference, about 50 Polish business leaders speak on stage and take part in a number of discussion panels. This year, foreign expansion was the main theme of the event. Adam Krzanowski's expert opinion could also be heard in a panel entitled ‘Expansion model: greenfield or acquisition. How to design a Polish product that will conquer the world?’ in which he discussed the acquisition of foreign companies from a practical point of view.
Photos courtesy of: Forbes
This year's edition of the Congress was all the more unique because of the organiser's anniversary. The Forbes magazine is celebrating its 15th birthday this year. The formula of the competition made a reference to the anniversary to honour the achievements of Polish businesses.
To learn more about the Transactions of the Year read our articles: