The offer will run between July 14 and August 3 and will be brokered by BT Capital Partners Cluj Napoca.
The fund, BT Invest 1, bought 51.8% of Sinteza on May 25 from Chempark Invest SRL, a company owned by businessman Tibor Tincau. Tincau sold 34.3 million Sinteza shares for around RON7.9 million.
Sinteza, which manufactures chemical solvents, ended 2015 with a turnover of RON29 million, of which 80% came from exports. Sinteza sells to Europe, Turkey, Russia, South America, Africa, and Asia, and its main clients are Slovenian paint manufacturer Helios, petrochemical company Penpet (Germany), Stanchem (Poland), Globe Chemical (Germany), and Tricon Energy (Turkey).