ACQUISITION
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Unilever Completes EUR100M Transaction to Take Over Betty Ice
Unilever announced it has completed the acquisition of Romanian ice cream manufacturer Betty Ice, following the two companies' agreement signed in January. The company said it has received a...
Niro Acquires 50% of Ritter Broker, Enters Insurance Market
Niro Investment Group has entered the insurance market by acquiring 50% of Ritter Broker, founded eight years ago by financier Catalin Vasile and sales manager Alexandra Bratescu.
PitechPlus Takes Over MindMagnet, Seeks Local and International Expansion
Cluj-based software company PitechPlus has completed its takeover of MindMagnet, one of the main providers of Magento solutions in Romania, by acquiring the remaining stake of 49% in Septemb...
Bitdefender Acquires Dutch RedSocks Security
Romanian IT and security solutions provider Bitdefender said Wednesday it has acquired behavior and network security analytics company, RedSocks Security BV, expanding its portfolio and addr...
Medicover Completes Acquisition of Phoenix Medical Center in SW Romania
Private healthcare services provider Medicover announced Tuesday it has completed the acquisition of the eight-unit Phoenix Medical Center in the southwestern region of Romania.
Italy’s Epta Buys Majority Stake In DAAS
Italian manufacturer and retailer of commercial refrigeration equipment Epta group has acquired the majority stake in Romanian-held DAAS in a deal ZF put at several million euros.
Liberty Group Buys ArcelorMittal Galati
British-owned Liberty Group, part of Sanjeev Gupta’s global GFG Alliance, on Friday announced a conditional agreement to buy four European steel plants, including ArcelorMittal’s major integ...
Ursus Acquires 20,000 Sqm Space In Industrial Park In Buzau
Brewing company Ursus has acquired a 20,000-square meter space within industrial park WDP located in Buzau. The transaction was brokered by brokerage company Dunwell, according to a statemen...
Competition Council Looks Into High Tech Clima Acquisition By CEZ Group Member Companies
Romania’s Competition Council is looking into a transaction whereby companies High Tech Clima SRL and its branch, High-Tech Clima DOO (Serbia) are acquired by New Energy Investments B.V. (Th...