
Joanna Wiśniewska
Marketing and PR Manager j.wisniewska@avallon.pl
Hagen PR
Wojciech Dziewit
wojtek@hagen.pl
Avallon, a company managing private equity funds, based in Lodz, has created new fund – Avallon MBO II.
The investment fund will be focused on transactions carried out jointly with managers, as its predecessor. It will primarily involve the purchase of shares in the case of sale by current owners or investment in private companies managed by their founders. Avallon has over a decade of experience in this area and has participated in nearly 100 transactions together with managers and is a pioneer in the management buyout market in Poland.
The new fund has a current size of nearly 250 million zlotys (€ 60m), and during 2013 it is planned to increase to nearly 440 million zlotys (€ 107m). Investors in the Fund are international financial institutions including the European Bank for Reconstruction and Development and funds managed by the Swiss Fund of Funds -Akina Partners.
Avallon has also invested more than 16 million zlotys (€ 4m) of its own in the new Fund. A unique opportunity for managers is also planned so that they can invest in the Fund together with the management company. This will strengthen the relationship of the most active managers, from a pool of nearly 2000 people in contact with Avallon. The Fund will invest primarily in companies with a turnover of between 15 and 60 million euro. Investments will be made in a variety of industries, including FMCG and manufacturing companies.
The average size of an investment is between 7,5 – 10 million euro , but through a co‑investment agreement with investors in the Fund and financial partners, the Fund will be able to achieve much larger transactions. The main determinant in any investment is the quality of management and the concept of boosting the value of a company. Avallon looks at companies who are leaders in their industries. The Fund is managed by a team of Polish experts, with years of experience, who retain influence on investment decisions.
Tomasz Stamirowski, Managing Partner Avallon
We have been building Avallon for many years, based on accepted values such as partnerships with managers, commitment and professionalism. We have steadily expanded both our experience as well as contacts database. Investors’ decisions to engage in our new Fund are the best form of showing confidence in our chosen strategy.
Michał Zawisza, Partner Avallon
By investing our own resources in the Fund shows that we firmly believe that the current difficult economic environment creates good opportunities for long‑term investors. We see a growing group of private business owners looking for an investor profile that represents Avallon.
Piotr Miller, Partner Avallon
Our achievements to date mean that the investors who entrusted us with resources In 2007 have decided to re‑invest in the next Fund managed by us. In addition, we have acquired new investors interested in involvement in Poland. Unfortunately, due to structural reasons, domestic financial institutions have difficulties with investments in mutual funds such as ours. The fund comes mainly from foreign institutional investors._
Robert Więcławski, Partner Avallon
Those companies in which we invest receive not only capital, but also our team’s diverse experience, knowledge and strategic skills. In this way, we add our existing value of the company’s own value. We believe that both the managers at the companies in which we invest and our also partners who have entrusted us with the capital in the new Fund appreciate this fact.
The last Fund: Avallon MBO FUND I – Investment
Avallon MBO FUND I with a capitalization of €50m, allocated its resources to: Orthopaedic Company MEDORT S.A. Lodz (2007) – the market leader in rehabilitation and orthopaedics; Fiten S.A. (2008) engaged in wholesale electricity trading and investment in the production of renewable energy (biomass); GOOD FOOD S.A. (2009)-one of the leading manufacturers and distributors of rice wafers; ORGANIC FARM HEALTH S.A. (2010) – a leader in the organic market and organic food; AG Foods in the Czech Republic (2011) – soluble beverage market leader in the Czech Republic, Poland and Hungary; EKO VIMAR Orlański Sp. z o.o. (2011) manufacturer of modern, eco‑pellet boilers; Limito S.A. (2011) processor and distributor of fish and seafood; and CEKO Sp. z o.o. (2012) – a manufacturer of high quality cheeses.
Avallon, a company managing private equity funds, based in Lodz, has created new fund – Avallon MBO II.
The investment fund will be focused on transactions carried out jointly with managers, as its predecessor. It will primarily involve the purchase of shares in the case of sale by current owners or investment in private companies managed by their founders. Avallon has over a decade of experience in this area and has participated in nearly 100 transactions together with managers and is a pioneer in the management buyout market in Poland.
The new fund has a current size of nearly 250 million zlotys (€ 60m), and during 2013 it is planned to increase to nearly 440 million zlotys (€ 107m). Investors in the Fund are international financial institutions including the European Bank for Reconstruction and Development and funds managed by the Swiss Fund of Funds -Akina Partners.
Avallon has also invested more than 16 million zlotys (€ 4m) of its own in the new Fund. A unique opportunity for managers is also planned so that they can invest in the Fund together with the management company. This will strengthen the relationship of the most active managers, from a pool of nearly 2000 people in contact with Avallon. The Fund will invest primarily in companies with a turnover of between 15 and 60 million euro. Investments will be made in a variety of industries, including FMCG and manufacturing companies.
The average size of an investment is between 7,5 – 10 million euro , but through a co‑investment agreement with investors in the Fund and financial partners, the Fund will be able to achieve much larger transactions. The main determinant in any investment is the quality of management and the concept of boosting the value of a company. Avallon looks at companies who are leaders in their industries. The Fund is managed by a team of Polish experts, with years of experience, who retain influence on investment decisions.
Tomasz Stamirowski, Managing Partner Avallon
We have been building Avallon for many years, based on accepted values such as partnerships with managers, commitment and professionalism. We have steadily expanded both our experience as well as contacts database. Investors’ decisions to engage in our new Fund are the best form of showing confidence in our chosen strategy.
Michał Zawisza, Partner Avallon
By investing our own resources in the Fund shows that we firmly believe that the current difficult economic environment creates good opportunities for long‑term investors. We see a growing group of private business owners looking for an investor profile that represents Avallon.
Piotr Miller, Partner Avallon
Our achievements to date mean that the investors who entrusted us with resources In 2007 have decided to re‑invest in the next Fund managed by us. In addition, we have acquired new investors interested in involvement in Poland. Unfortunately, due to structural reasons, domestic financial institutions have difficulties with investments in mutual funds such as ours. The fund comes mainly from foreign institutional investors._
Robert Więcławski, Partner Avallon
Those companies in which we invest receive not only capital, but also our team’s diverse experience, knowledge and strategic skills. In this way, we add our existing value of the company’s own value. We believe that both the managers at the companies in which we invest and our also partners who have entrusted us with the capital in the new Fund appreciate this fact.
The last Fund: Avallon MBO FUND I – Investment
Avallon MBO FUND I with a capitalization of €50m, allocated its resources to: Orthopaedic Company MEDORT S.A. Lodz (2007) – the market leader in rehabilitation and orthopaedics; Fiten S.A. (2008) engaged in wholesale electricity trading and investment in the production of renewable energy (biomass); GOOD FOOD S.A. (2009)-one of the leading manufacturers and distributors of rice wafers; ORGANIC FARM HEALTH S.A. (2010) – a leader in the organic market and organic food; AG Foods in the Czech Republic (2011) – soluble beverage market leader in the Czech Republic, Poland and Hungary; EKO VIMAR Orlański Sp. z o.o. (2011) manufacturer of modern, eco‑pellet boilers; Limito S.A. (2011) processor and distributor of fish and seafood; and CEKO Sp. z o.o. (2012) – a manufacturer of high quality cheeses.
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2.04.2026 READ MORES’portofino Strengthens Its Premium Market Position with Urszula Radwańska as Brand AmbassadorS’portofino, an Avallon MBO portfolio company, continues to strengthen its position in the premium fashion and sport segment by combining the world of sport with top-quality fashion.
Urszula Radwańska, a renowned Polish tennis player, has now joined the brand’s group of ambassadors. Her international court experience, determination and strong sense of style naturally align with S’portofino’s DNA. This marks another step in building a strong, aspirational lifestyle brand rooted in authenticity and consistent values.
On this occasion, the company has also announced a new initiative — Tennis Camp Ula Radwańska by S’portofino, which will take place on 20–26 April in Marbella, Spain. The camp offers a unique opportunity to develop tennis skills under the guidance of internationally experienced professionals, in small groups, with an individual approach and in an inspiring, premium environment that creates a distinctive sporting experience.
We encourage interested participants to register. Enrollment is open only until 5 April.
https://tenniscamp-uradwanska.pl/ -
1.04.2026 READ MOREAvallon MBO Supports the Development of Young Talent in PE/VCAvallon MBO supported the 4th edition of the Practical Private Equity & Venture Capital Course, co-organized by the Polish Private Equity & Venture Capital Association (PSIK) and Level 20. This year’s edition was partnered by the Warsaw Stock Exchange Foundation.
The course is a unique educational initiative aimed at students, providing access to practical knowledge about the private equity and venture capital market through a series of workshops led by experienced fund managers.
As part of the program, Agnieszka Pakulska and Marcin Konarski represented Avallon MBO, sharing their experience in investment project analysis, cooperation with management teams, and building company value during the investment process.
An important element of this year’s edition was also the involvement of Level 20 – an initiative supporting the development of women in the private equity industry, co-founded by Agnieszka Pakulska.
From Avallon MBO’s perspective, the opportunity for direct interaction with course participants and observing the high level of engagement and interest in the PE/VC market among the younger generation was particularly valuable. Participation in the program provides students with a meaningful opportunity to gain practical knowledge and better understand the specifics of the private equity and venture capital market.
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10.03.2026 READ MOREAvallon Employees’ Kids on the Pitch – Supporting the Widzew AcademyDuring the match between Widzew Łódź and Lech Poznań, the children of Avallon employees and their friends took part in a special pre-match ceremony, escorting the players of both teams onto the pitch.
Before the first whistle, the youngest participants, together with girls from the Widzew Academy, stepped onto the field alongside the players, accompanying them during their entrance to the stadium. For the children, it was a truly special moment and an unforgettable experience that will surely stay with them for a long time.
The match delivered plenty of sporting excitement for the fans and ended with a 2:1 victory for Widzew Łódź over Lech Poznań.
We are proud to support the development of young athletes as a partner of the Widzew Academy and to create opportunities for such memorable football moments.
Congratulations to the Widzew team on a great result, and thank you for the opportunity to be part of this special event. -
3.03.2026 READ MOREAgnieszka Pakulska Named Among Forbes Women Poland’s 25 Top InvestorsWe are proud to announce that Agnieszka Pakulska, Partner at Avallon MBO, has been recognized in the prestigious Forbes Women Poland 25 Top Investors list.
Agnieszka is the author of key transactions and co-creator of projects that consistently enhance the value of portfolio companies. She combines investment discipline with a long-term approach to developing businesses and teams, while actively promoting the presence of women in private equity, including as a co-founder of the Level20 initiative.
At Avallon MBO, diversity and professionalism are integral to our teams. We believe that teams combining different experiences make better decisions and create lasting value.
Congratulations to Agnieszka and all the distinguished investors!
https://www.forbes.pl/forbeswomen/lista-forbes-women-25-top-inwestorek/2fs54v0 -
24.02.2026 READ MOREPolmlek Acquires Kampol-Fruit. A Sensible Move in a Demanding SegmentTomasz Stamirowski, Managing Partner at Avallon MBO, was asked by the editors of PortalSpozywczy.pl to provide expert commentary on Polmlek’s acquisition of the fruit and vegetable processing plants of Kampol-Fruit in Milejów.
In his analysis, he indicates that the transaction should be viewed as a rational strengthening of the group rather than a strategic breakthrough in the frozen foods segment. The scale of the acquisition remains small relative to Polmlek’s overall operations – Kampol’s sales accounted for approximately 1% of the group’s revenues, which exceeded PLN 5.3 billion in 2024. The Polish fruit and vegetable frozen foods market itself, valued at around PLN 1 billion, is highly competitive and dominated by several large players.
According to Tomasz Stamirowski, the key aspect of the transaction is the strengthening of the juice segment and the Fortuna brand, as well as the attractive acquisition of modern assets purchased at a discount through bankruptcy proceedings. The potential to leverage Polmlek’s experience in working with farmers and contracting raw materials in the fruit and vegetable segment may also prove significant.
If the integration process proves successful, the acquisition could represent the first step toward broader involvement by Polmlek in fruit and vegetable processing – a sector whose potential, including export opportunities, remains largely untapped.
We encourage you to read the full commentary:
Expert Assesses Polmlek’s Latest Acquisition: “A Sensible Strengthening of the Group.”




