Starting February 1, 2022, Electroglobal SA will take over ES Elektro Romania SRL, through a business transfer cleared by the Competition Council at the end of December 2021.
By adding the business of ES Elektro Romania, Electroglobal is strengthening its foothold on the market of specialized suppliers of electrical equipment by raising its number of clients, diversifying its suppliers and the range of products and expanding the technical services portfolio.
The value of the deal has not been disclosed.
ES Elektro Romania became operational on the local market in 2009. In 2020 it reached turnover of above RON60 million (EUR125 million).
(English version by Catalina Apostoiu)