The company last year was in acquisition talks with more than 15 companies, says Jean Dumitrescu, in charge with investor relations at the group.

“We are looking in two directors, to acquire a wholesaler and a company that should have strong own brands,” says Jean Dumitrescu.

The company has recently acquired a consumer goods wholesaler of the Republic of Moldova, but is not pursuing international expansion for the time being.

Aquila has a portfolio made up of around 10,000 items, of which 1,000 were launched last year. The company covers around 90% of modern and traditional retail, but is also active in the hospitality sector.

Acquila Part Prod ended 2022 with RON2.21 billion revenues, up 15% from 2021. Growth was in line with inflation. Profit reached RON85 million, up 20%, with this being the best result since the company was founded.

(English version by Catalina Apostoiu)