ACQUISITION
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Banca Transilvania Plans To Acquire Microinvest in Republic of Moldova
Banca Transilvania, Romania's largest lender by assets, plans to acquire 100% of the share capital of Microinvest, which specializes in financing small businesses and is the leader of the no...
Local Spirits Producer Prodal 94 Acquires Two Bottled Water Companies
Prodal 94, which makes Stalinskaya vodka and Wembley gin in Romania has received antitrust clearance to acquire Lipomin SA and Carpatina SA, which make bottled water brands Lipova and Carpat...
Phoenix Group Buys Ecofarmacia Chain in Transylvania
German Phoenix group, which bought the Help Net pharmacy chain in 2018, has acquired Ecofarmacia, one of the largest regional pharmacy chains in Transylvania, with 32 units.
Altex Buys RTC Proffice from Oresa Ventures
IT&C producer and wholesaler Complet Electro Serv, part of Altex group owned by Dan Ostahie, has acquired stationary and ofice supplies company RTC Proffice, founded by Octavian Radu and own...
Investment Fund Vivion Buys BCR Palace In Bucharest’s University Square; Deal Estimated At EUR25-30M
Luxembourg-based investment fund Vivion, held by Isaac and Amir Dayan brothers from Israel, has acquired the BCR Palace in Bucharest’s Piata Universitatii (University Square), within this ye...
Mozaik Investments Acquires 35% of Coffee Chain 5 to Go
Venture capital fund Mozaik Investments, with regional focus, has acquired 35% of 5 to Go, the most extensive coffee shop chain in Romania.
Visma Acquires Majority Stake in Romanian Fintech Company SmartBill
Norwegian group Visma, valued at over EUR8 billion, has acquired a majority stake in Romania-based Intelligent IT SRL, whose key product SmartBill has a strong focus on automation and user e...
MedLife Completes Acquisition of Lotus Hospital in Ploiesti
MedLife Medical System, the leader of the private medical services market in Romania, has completed the acquisition of 100% of the shares of Lotus Hospital in Ploiesti, which had a turnover...
MedLife Group Fully Acquires OncoCard Hospital In Brasov
Medical services company MedLife on Tuesday announced the acquisition of the entire shareholding package of OncoCard Hospital in Brasov, one of the largest private centers for oncology diagn...