Enterprise Investors to finance expansion of Anwim

Warsaw, 13 November 2018 Polish Enterprise Fund VIII, a private equity fund managed by Enterprise Investors, has acquired a significant minority stake in Anwim, one of the largest independent operators of fuel stations in Poland, trading under the MOYA brand.

EI has provided the company with additional financing and will support Anwi’s plans to dynamically grow the network and consolidate the market.

The value of the transaction is EUR 23.3 million. Anwim was founded by two entrepreneurs in 1992 and was initially focused on wholesale fuel trading. In 2009 the company launched retail operations, which currently generate half its revenues. Anwim’s chain of MOYA fuel stations comprises over 180 stations that are attractively situated in high-traffic locations nationwide and sell good quality fuel at affordable prices.

Modern well-designed stores are integral to each station. The company plans to dynamically grow the chain and at least double the number of stations in the next five years. In 2017 Anwim generated over EUR 730 million in revenue from fuel wholesale and retail operations. The company currently employs 250 people.

Enterprise Investors is one of the largest private equity firms in Central and Eastern Europe. Active since 1990, the firm has raised nine funds with total capital exceeding EUR 2.5 billion. These funds have invested EUR 1.9 billion in 143 companies across a range of sectors and exited 128 companies with total gross proceeds of EUR 3.7 billion.