Abris Capital to exit canned fish producer Graal

• Graal is headquartered in Wejherowo, Poland
• Abris first invested in Graal in February, 2017
• Abris, based in Warsaw, is an ESG transformation specialist private equity fund manager, focused on mid-market opportunities in Central Europe

Abris Capital Partners has agreed to sell all its shares in Graal, a canned fish producer in Poland, along with Bogusław Kowalski, Graal’s founder. No financial details of the transaction were disclosed.

The firm will be acquired by Lisner Holding, owned by German food business Müller Group.

The transaction is subject to relevant regulatory approvals.

Graal is headquartered in Wejherowo, Poland.

Abris will be exiting Graal after a six-year investment period during which the company has seen growth in revenues and Ebitda consistently, according to a release.

Abris bought a majority stake in Graal in February 2017.

“During our partnership with Graal and Bogusław Kowalski we have helped create an unquestionable market leader with a diverse portfolio of branded and private label products,“ said Wojciech Jezierski, partner at Abris. “It has been a privilege to work with the extraordinary team at Graal.“

Graal Group, which consists of Graal and Koral, now has three manufacturing facilities and a distribution centre in Poland. The firm employs over 2,200 people, and exports to 38 countries across Europe, North America, Asia, Africa and Australia. The firm recorded sales of €350 million in 2022.

Abris is an ESG transformation specialist private equity fund manager, focused on mid-market opportunities in the major countries of Central Europe. The firm is headquartered in Warsaw, Poland.