The Polish private equity fund 21 Concordia and the local drugstore Hygenika are in talks to provide new capital for the Dayli drugstore chain, which was taken over by Hygenika at the end of last year. A letter of intent was signed this week where Corcordia agreed to increase its stake in Dayli, making it possible for Hygenika to develop the chain. Hygenika said that the transaction will not reduce its control of the drugstore chain.
21 Concordia was established last year by a group of four Polish investors: Andrzej Mierzwa, Dariusz Górka, Marek Modecki and Dawid Sukacz.