ACQUISITION
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Superbet Buys Belgian Rival Napoleon Sports & Casino
Superbet group, the largest sports betting and gaming business in Romania, which also has operations abroad, has taken over Belgian rival Napoleon Sports & Casino. The parties did not disclo...
Latvia's Food Union Reaches 96% Holding in Romanian Ice Cream Maker Alpin 57 Lux
Food Union, a Latvian food manufacturing and wholesale group, has reached a holding of 96% in Romanian ice cream maker Alpin 57 Lux based in Alba county, Confidas.ro data showed.
Oracle Acquires Romanian Food Ordering Start-up Gloria Food
US giant Oracle has acquired Romanian online food ordering start-up Gloria Food, funded in 2013 by German entrepreneur Oliver Auerbach and Romanian entrepreneur Mihai Anghel.
Novalpina Capital Buys Romanian Gambling Company MaxBet
MaxBet Romania, the leading gambling operator on the Romanian market with annual sales of over EUR100 million, has been acquired by private equity firm Novalpina Capital.
Happy Tour CEO Javier Garcia del Valle Buys Full Stake in Tour Operator
Happy Tour CEO Javier Garcia del Valle has acquired the full stake in the tour operator from Spanish investment fund GED Capital through his company Hey, Be Well! AG.
ELKO Acquires IT Smart Distribution
IT&C and home appliance wholesaler ELKO has announced the signing of an agreement to acquire the company IT Smart Distribution, which will help ELKO to consolidate an important position amon...
Bittnet To Acquire 20% in Czech DataScript
Romanian IT solutions integrator and training provider Bittnet Systems (BNET.RO) announced Monday it has signed an agreement to acquire 20% of Czech IT company DataScript for EUR275,000.
Norway's Visma Acquires Romanian Cloud Accounting Startup Keez
Norwegian group Visma has acquired a majority stake in Romanian startup Keez, a fast-growing provider of accounting and invoicing for small businesses in Romania.
One United Buys Lakeside Plot in Bucharest for EUR15M
Romanian real estate developer One United Properties (ONE.RO), currently running an IPO in view of capital market listing, has bought a 21,160 sqm plot of land in the proximity of Lake Tei i...