WOOD & Company acquires BEST-EKO

“In 2025, the KOSIT Group’s turnover in Slovakia will reach 100 million CZK. EUR. We want to achieve further growth through investment in modern technology. For us, entering the Polish market is the fulfilment of our vision to be a successful Central European player. BEST-EKO, which has become part of the KOSIT Group, is a leader in the field of biological waste recovery and annually processes more than 100,000 tonnes of biodegradable waste to produce compost of the highest quality. We will certainly use BEST-EKO’s experience from the Polish market in this segment in Slovakia as well.” says Marián Christenko, CEO of KOSIT a. s.

BEST-EKO operates in Rybnik in the Silesian Voivodeship in the south of Poland. The new owner will cooperate with the original shareholder, Grzegorz Pilarski, who retains a 10% stake in the company, on the further management and development of the company. Olga Gesiarz Kalinowska, who has more than 20 years of experience in waste management, has become the new CEO of the company.

“The entry of WOOD & Company as a strong investment partner into BEST-EKO is an important milestone for its further development. We want to make the most of the synergies between the two companies. I would also like to thank our transaction advisors JP Weber for ensuring a highly competitive process, as well as our legal advisors from Kancelaria Radcy Prawnego Katarzyna Słupska,” says Grzegorz Pilarski.

“Thanks to the use of modern technologies and innovative procedures, BEST-EKO ensures almost 100% recycling of input waste and thus significantly contributes to the reduction of landfilling and the greening of waste management in the region. I believe it will be a successful investment for WOOD & Company,” says Olga Gesiarz Kalinowska.

For WOOD & Company Waste Management Fund, this is a crucial step in its planned strategy of international expansion and investment in advanced technologies in the waste management sector. “For us, the acquisition of BEST-EKO means not only entering a new foreign market, but also investing in modern and green waste recycling technology, which underlines our strategy of building a sustainable and integrated group with a significant position within the waste management industry in the CEE region,” adds Martin Šmigura, Local Partner of WOOD & Company in Slovakia.

The KOSIT group of companies provides waste management and recovery services for the municipal sector and comprehensive services for industrial and commercial customers. In addition to the waste-to-energy plant (ZEVO) in Košice or the biogas plant for recycling biological waste, the KOSIT Group operates several end-of-life facilities in Slovakia and employs more than 1,300 employees.