Innova Capital acquires a significant minority stake in Dimark

Polish private equity firm Innova Capital has acquired a significant minority stake in Dimark Manufacture S.A., a leading provider of proprietary industrial automation solutions. The investment marks another milestone for the firm’s newest Innova/7 fund. The company told the details to AIN.

  • Established in 1994 by Dymitr Kopras and Błażej Nowakowsk, Dimark is a provider of industrial automation solutions, focused on installing Baggage Handling Systems (BHS). The company is headquartered in Złotkowo near Poznań, Poland.
  • Dimark’s innovative solutions facilitate seamless luggage movement, optimizing airport operations and enhancing passenger experience. Its expertise has allowed the company to complete numerous projects across 4 continents, with vast majority of revenue realized outside of Europe.

We are delighted to partner with Dimark’s Founders in their pursuit of further international expansion of the business. We are impressed by unique R&D capabilities, commitment to excellence and quality of proprietary hardware and software delivered by the company. After a very successful exit from Inelo in 2023, this is another transaction in technology for logistics sector realized by Innova,

Andrzej Pietrzak, Partner at Innova Capital, who managed the transaction, commented.
  • This move solidifies Innova Capital’s commitment to fostering innovation and growth within the technology sector, also marking another milestone for the newest Innova/7 fund, launched in June 2023.

About Innova Capital

Innova Capital is an independent private equity adviser operating from Poland and investing in buyouts in mid-sized enterprises doing business in Central and Eastern Europe. Since its inception in 1994, Innova Capital has invested close to €1.4 billion in almost 70 companies across 10 countries in the region.

In February 2024, the firm also acquired a minority stake in CloudFerro, a Warsaw-based provider of cloud services for space tech companies.