Plans were unveiled by Omnia Capital three months since the acquisition of Dumagas Transport from investment fund Bancroft.
Thus, Omnia Capital is looking into the opportunity to reduce efforts on the Romanian market and relocate these resources towards Western Europe, aiming to develop the EU – UK transport, where customs procedures and the transport by train or ferry-boat make Dumagas’ operating performance valuable, the new shareholder said in a statement.
On the medium term, Omnia Capital seeks to develop a transport platform around Dumagas through other acquisitions, aiming to build a Trans-European group with a turnover of EUR100 million. To this end, Omnia is in advanced talks with multiple companies, but with limited resources to look into new opportunities.
In 2022, Dumagas Transport had a turnover of RON176 million and a profit of RON472,887, employing 198 people.