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HP TRONIC and DATART will be linked

The owners of companies DATART and HP TRONIC agreed that one of the largest retail companies in the Czech Republic, DATART, will be linked to the HP TRONIC group, the Euronics retail network operator and the owner of the e-shop Kasa.cz and Hej.sk. The newly-formed concern will be strengthened by capital of the fund Genesis Private Equity Fund III, which will gain a significant minority share for its investment. HP TRONIC acquired a 20% share in DATART already in 2014. Daniel Vecera, CEO of HP TRONIC Group, was nominated as a Chairman of the Board of Directors of newly-formed concern.