ACQUISITION
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US Group Encora Buys Romania’s Tech and Consulting Firm Softelligence
US group Encora, a global tech services supplier, has signed an agreement to acquire Softelligence, a Romanian business software solutions provider founded by Adrian Blidarus.
evoMAG’s CEO Mihai Patrascu Buys Into Elefant
Elefant Online, one of the largest online retailers in Romania and owner of elefant.ro, on Thursday evening announced on the Bucharest Stock Exchange, where it has a bond issue listed, that...
Ukraine’s Biosphere Corporation Takes Over Alufix Brasov Plant
Biosphere, a major producer and wholesaler of household, hygiene goods and professional products for the away-from-home segment of Eastern Europe and Central Asia, has acquired Alux plant sp...
Roca Industry-Held Bico Signs Agreement to Buy Lithuania’s Iranga Technologies
Roca Industry Holding (ROC1.RO) listed on the AeRO market of the Bucharest Stock Exchange on Wednesday evening announced that Bico, a company in which it owns 70%, had signed the agreement t...
AROBS Transilvania Software Buys Cluj-Napoca-Based FWF Group
Arobs Transilvania Software, the biggest technology company listed on the Bucharest Stock Exchange, has entirely taken over Future WorkForce Global (FWF) group of Cluj-Napoca, specialized in...
It’s a Deal: Carrefour Buys Cora Out of Romania
French-held Carrefour group will take over rival Cora’s operations in Romania in the largest deal in local retail in the last few years, put at EUR70 million to EUR90 million, several source...
Israel’s Tefron Buys Romania’s Largest Hose Maker Adesgo
Romania’s largest hose manufacturer, Adesgo, which has an almost 100-year history, has been acquired by Israel’s Tefron Europe, a subsidiary of the Tefron Group, a developer and manufacturer...
Holcim Romania Expands Concrete Unit Via New Acquisition
Holcim Romania is expanding its concrete unit with a new acquisition whereby it took over the assets, employees and equipment of concrete producer Betonexpres of Floresti, Cluj county.
Holcim Romania Buys Stones Business Development
Holcim Romania, Romania’s largest building materials manufacturer by turnover, is expanding its aggregates arm by acquiring Stones Business Development, a major aggregates provider in the Bu...