Prior to the transaction, Pasfin S.p.A. was wholly owned by the Pasquini Family.
Italy’s Azzurra Leaf Two S.r.l. is exclusively active in the acquisition and management of shareholdings in companies.
Italy’s Pasfin S.p.A. is a financial holding company, which holds 100% of the share capital of Lucart Group, a European producer in the paper industry, which also generates revenues in Romania.
Following the analysis, the Competition Council found that this operation does not significantly impede effective competition on the Romanian market or on a substantial part of it and there are no serious doubts as to its compatibility with a normal competitive environment.