Airbus Helicopters and IAR Brasov have signed a general agreement for an exclusive cooperation for the heavy twin engine H215M multi-role helicopter, Airbus Helicopter reported in a press statement on Thursday.  Under this general agreement IAR will become the prime contractor for the H215M for any future order by the Romanian Ministry of Defense to replace their ageing fleet.

Teraplast, one of the largest industrial groups with local capital, has concluded on 01.03.2017 a contract of purchasing a package of 50% of shares held by associates of Depaco SRL, the second player on the market of metal tiles through Wetterbest core brand. 

The acquisition is a strategic one for Group Teraplast considering that TeraSteel subsidiary is the leader of galvanized steel structures, and new products that will be included in the portfolio will be complementary to the existing range.

Romanian private healthcare services market leader MedLife continues it's expansion with the acquisition of Anima clinics network, the company announced. The Anima network consists of six clinics, one laboratory and had a turnover of 5,2 million euro in 2016.

RTPR Allen & Overy has advised the Japanese group Asahi Group Holdings, Ltd. on the acquisition of Ursus Brewery, one of the largest beer producers in Romania. The transaction in which Asahi group purchased the SAB Miller beer producers in the region covers five markets – Romania, Poland, Czech Republic, Slovakia and Hungary – and is estimated to be the largest M&A transaction in Romania this year. The seller is Anheuser-Busch InBev SA/NV.

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!.

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.