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Vargas has entered a Letter of Intent with Volvo Buses to acquire a production site in Poland

The acquisition is for a new industrial project, in line with our long-term and green investment strategy.

As a long-term investor and an impact company builder, we know there is no shortage of decarbonisation opportunities. We are constantly reviewing opportunities to accelerate decarbonisation and enter into new industrial verticals. Vargas Holding has entered a Letter of Intent with Volvo Buses to acquire a production site in Wroclaw for a new industrial project, in line with our long-term and green investment strategy.

Further information will be shared in due course.