Its partner provides access to Eastern European markets

Suzo-Happ Group completed the acquisition of Suzo Polska in Poland

2008-03-11
Reading time 1 min

The company will operate as part of Suzo International, the European arm of the Suzo-Happ Group, with the same local leadership responsible for its recent growth. The Suzo Polska facility will be expanded in 2008. Pfingsten Partners, a private equity firm in Deerfield, Illinois is Suzo-Happ’s majority shareholder.

Suzo Polska is the eighth company to become part of the Suzo-Happ Group. All eight companies combine to strengthen Suzo-Happ’s position as the leading global supplier of amusement and gaming parts and accessories with over 30,000 SKUs, customers in 80 countries, and more than 600 employees in 14 locations.

“This acquisition continues our expansion strategy by investing in the rapidly growing Eastern

European market” said Marcel Oelen, Managing Director of Suzo International. “It provides us a

physical presence which enables us to serve our customers better and further penetrate the market.”

Pedro Garcia, Managing Director of Suzo Technical Components Espana, the Spanish subsidiary of Suzo International acquired in 2006 said, “As a member of the Suzo-Happ Group, we have access to many more resources allowing us to better serve our customers. These additional resources enabled us to achieve a rapid growth rate beginning in 2007 immediately after joining the team. I'm sure our colleagues at Suzo Polska will similarly benefit from Suzo-Happ's ownership.”

Tomasz Andrzejewski, General Manager Suzo Polska, reports that “We are very pleased to be part of the Suzo-Happ Group. Our business continues to grow at a very rapid rate. The additional resources and commitment to the future is very important at this stage of our company's life.”

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