The Polish “king of caps” sold business to Italy. He won a thick millions of euros


“Grządziel idea for a business came to mind in the 1990s. He sat on his name day with his brother Roman, when during one of the conversations he learned that local polmoses buy every amount of metal vodka cap They scratched their heads and decided that it was a chance for them for a pretty good business ” – this is how the text” Wprost “about Krzysztof Grządziel, one of the richest Poles, begins, which he recently decided completely sell your business, i.e. DGS (currently Guala Closures DGS Poland).
In 1990 he founded the blackcurrant and cabbage plantation, and he realized the idea with his name day a year later, together with Janusz Derlak and Ireneusz Sekuła, creating a DGS company. The production of metal bottle caps has become the main profile of activity.
It is about this Ireneusz Sekuła, i.e. the deputy prime minister in the government of Mieczysław Rakowski in 1988-1989, and later a deputy to the Sejm of the first two terms on behalf of SLD. Grząziel was earlier a communist activist, and he began with ZMS at the age of 22. At that time, he started working in Włocławek Ceramics Zakłady “Cerpol”. In 1977 he joined the PZPR.
“Every sixth nut on a bottle of wine in the world”
Although he had leftist views, he found himself in the market economy. The industry was developmental, the results of DGS grew and the company became interested in the Italians. 70 percent The Italian Guala Closures Spa took over the shares in 2011, when DGS achieved revenues of EUR 50 million a year. The thread became a minority shareholder. 11 years ago, Grząiel said for Forbes that “every sixth nut on a bottle of wine in the world is pressed under this roof.” The company has become a world player in nut and caps.
About the takeover of the remaining 30 percent Guala Closures DGS Poland's shares were informed by a year ago in July. Krzysztof Grząiel (71 years old) got EUR 56 million for his participation. This means a valuation of the entire company at the level of EUR 187 million, i.e. at the current gold rate of almost PLN 800 million. This would now give room in the first hundred companies with the highest capitalization on the Warsaw Stock Exchange.
The company already had PLN 503 million in revenues and PLN 51 million net profit last year, and shareholders paid PLN 34.3 million gross dividend from profit for the previous year. A year earlier, the payment for shareholders exceeded even PLN 108 million, so it was a very profitable business. 30 percent This money went to Krzysztof Grządiel. In addition, he got last year. PLN 14.4 million of the president's salary – a year earlier it was PLN 27.8 million.
“The founder Krzysztof will remain in DGS as the president of the board and will support the integration and the future plan of succession, passing after 12 months to the role of a member of the supervisory board without executive permissions” – a year ago the Italian company wrote. These 12 months have passed, so the founder of the company definitely ended in running a business. At the end of April, Maciej Martynowski became the president in his place, who was included in the board in October last year. Contrary to the announcements of Italy, Krzysztof Grząbieł is currently not in the supervisory board.




