Paval Holding is the parent company of Dedeman, the largest do-it-yourself group in Romania and the Balkans, with revenue in excess of EUR2.5 billion and over 50 stores.
Although a late entrant in the race to acquire Praktiker Hellas, it managed to outbid giants such as Leroy Merlin (Adeo group) and Bulgaria’s Videolux Holding (Technopolis), submitting the most competitive bid.
(English version by Loredana Fratila-Cristescu)