Investments
November 24, 2016 14:40
Mid Europa Partners is the leading private equity firm focused on Central and South Eastern Europe, announced it has signed an agreement to acquire 100% of shares in Profi Rom Food, the largest supermarket chain in Romania, from Polish Enterprise Fund VI.  This is the largest deal ever completed by a private equity firm in Romania and the largest retail deal in the country's history....more »
November 01, 2016 16:48
Axxess Capital, the investment advisor of Emerging Europe Accession Fund ( "EEAF"), announces the sale of the stake held in Deutek S.A., a top company operating on decorative paints market. The transaction is subject to obtaining the approval of the Competition Council. The company DEUTEK, founded in 1993, has turned into a significant player in the market for decorative paints, with sales of EUR 30 million in 2015 through a network of 124 DIY stores nationwide and a total of 3,500 construction material stores. DEUTEK sells a wide range of products under the brands OSKAR and Danke!. ...more »
October 14, 2016 10:49
The Greenbrier Companies and Astra Rail have announced plans to merge their European activities to form a company which would offer wagon manufacturing and repair services for customers in Europe, Eurasia and the Middle East. The combined enterprise will be formed between Greenbrier's European operations headquartered in Swidnica, Poland and Astra Rail based in Germany and Arad, Romania....more »
October 07, 2016 09:32
Two private postal and courier companies changed hands in a transaction amounting to several million euros as estimated by market sources. Romanian entrepreneur Octavian Radu, owner of retailer Diverta acquired Total Post and Post Master aiming to form a larger entity that would become a direct competitor to the national postal company Posta Romana. ...more »
September 20, 2016 17:09
Automotive product company Faurecia innaugurated the fourth factory of the group in Romania follwing a 12 million Euro investment. The plant is estimated to generate around 700 jobs said Hagen Wiesner, Executive Vice President of Faurecia Automotive Seating. For the next year amother 600 jobs will be created and production will be increased from around 280,000 trims of textile and leather upholstery estimated to be manufactured this year....more »
September 08, 2016 17:26
The BraasMonier group has announced the signging of an agreement to take over the Elpreco tile factory in Craiova, whose products will now be sold under the brand name ”Getica”.The Schoenherr team involved in the project is coordinated by Madalina Neagu, Local Partner, and includes the attorneys Alexandra Munteanu and Anda Tufan. According to estimations by the BraasMonier group, the transaction will generate revenue worth some RON22 million by 2019 and an operational profit of some RON7.5 million.The group is represented locally by Bramac, a company selling the group’s products under the brand name Schiedel. ...more »
September 05, 2016 16:33
RTPR Allen & Overy has advised South Eastern European Fund in relation to the sale of Total Soft S.A., the most important ERP producer in Central Europe. South Eastern European Fund is the private equity fund advised by Global Finance, one of the largest private equity firms in Central and Eastern Europe with a presence of more than 25 years in the region. The transaction was signed last week, the buyer is the Turkish company Logo Yazilim, which is owned by the private equity fund Mediterra Capital Partners. ...more »
September 02, 2016 12:43
Following the transaction announced on September 1, 2016, Direct One S.A. will take control of Netcity Group SA. the concessionaire of underground fiber optic network in Bucharest, following the agreement signed with UTI and UTI Investment BV  Direct One is the operator of a national network of over 5,500 kilometers of optical fiber. Tuca Zbârcea & Asociaţii  was the law firm that assisted the buyer, namely Direct One S.A with a team  coordinated by Catalin Baiculescu, Partner  and Vlad Cercel, Partner in the firm....more »
June 28, 2016 09:43
Metalicplas Distribution, member of Pehart Tec Group, controlled by Abris Capital Partners and businessman Ioan Tecar, has finalized a 20 million EUR investment in a new production plant for tissue paper and other paper products.  The project was developed between 2012 and 2015 on the industrial platform of Dej with a 10 million EUR state aid.  The investment created 100 workplaces....more »
June 22, 2016 11:34
Local courier firm FAN Courier, inaugurated officially heir first regional hub in Brasov following a 5 million EUR investment. According to the shareholders of the company, the main role of this hub is to handle almost a quarter of the national parcels. It is a replica of the hub in Bucharest , has 34 000 sqm and will employ approximately 300 people. ...more »
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