Protektor S.A. (WSE:PRT) have received interest from up to 15 firms. "We have already signed six confidentiality agreements enabling us to look into the plans of potential buyers, with more such agreements to be signed in the next few days. The interested parties are mainly sector investors from Western Europe, Scandinavia and India, with an annual turnover ranging from €50 million to €5 billion," said Protektor's Chief Executive Officer Piotr Skrzynski. He added that the firm's aim is to find a strategic investor willing to acquire at least a 50% stake in Protektor and withdraw the company from the stock exchange.

Protektor management board expects non-binding offers in the second half of May 2013, with binding bids to be submitted in the summer and expectes 3-5 five such bids will be placed eventually. The transaction is to be completed no later than fourth quarter of 2013.