• Utex Holding PLC was created in 1996 as a privatization fund with the goal of taking part in the privatization wave in the 90s by acquiring shares in various companies.

  • Following the privatization process Utex Holding PLC acquired majority stakes in six companies from different sectors including food and beverage, textiles, manufacturing of alcoholic beverages and hospitality.

  • In 1998 Utex Holding PLC completed a successful IPO on the Bulgarian Stock Exchange.