KROSNO begins a new chapter in its history

The global investment fund Coast2Coast has acquired the business, thus ending the liquidation process for the company after more than 7 years.

On Friday, Coast2Coast Capital acting through its subsidiary Krosno Glass sp. z o.o. signed an agreement to buy the organised part of the Krośnieńskie Huty Szkła “KROSNO” S.A. business in liquidation. The transaction is the finalization of the bidding process conducted as part of the bankruptcy proceedings, as a result of which the proposal submitted by Krosno Glass sp. z o.o. was selected by the receiver and legally approved by the Magistrate in Bankruptcy on 28 July 2016.

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