Ludvik Capital Offers to Buy Beckermann Kitchens

WILMINGTON, Del., Jan. 15 /PRNewswire-FirstCall/ -- Ludvik Capital, Inc
("Ludvik") (Pink Sheets: LDVK) today announced that it has made an offer to
buy Beckermann Kitchens ("Beckermann").
Ludvik made the offer for all the assets of Beckermann for $3.1 million in
cash and securities to acquire the company from bankruptcy. Ludvik intends to
form a new manufacturing company that will initially focus on producing
kitchens for distribution in the United States and Canada. The company will
also evaluate opportunities for international partnerships.
Beckermann Kitchens, located in Canada, was founded in 1896 and has been
setting the standard for fine quality kitchens from European tradition of
craftsmanship for many years. Beckermann manufactures and distributes
Cabinetry throughout Canada and into the United States Market, the company
holds a unique market niche in Custom European Construction, offering
approximately twenty-two percent more storage capacity than the traditional
framed cabinetry being manufactured today. The growth cycle over the next ten
years is estimated to run from twelve percent of market share today to over
fifty percent of market share over the next ten years.
"We have partners with more than 25 years industry experience that are
willing to participate with us on this acquisition and we look forward to
working with them and Beckermann on this transaction," said Frank Kristan,
President of Ludvik Capital, Inc.
Ludvik Capital, Inc makes investments in public and private companies. It
provides long-term equity and debt investment capital to fund growth,
acquisitions and recapitalizations of small and middle-market companies in a
variety of industries. (www.ludvikcapital.com). The investments and
development of the properties are subject to risks and uncertainties which
include, but are not limited to, those relating to permitting, financing, the
actions of federal, state, or local governments and agencies. Ludvik Capital,
Inc may be affected by some or all of these factors and other risks and
uncertainties, many of which are beyond Ludvik Capital, Inc's control. Except
for historical statements contained herein, the statements made in this
release constitute forward-looking statements that involve risks and
uncertainties.
SOURCE Ludvik Capital, Inc

Frank Kristan, President of Ludvik Capital, Inc, +1-206-984-3470