ACQUISITION
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Epilogue To A Failed Transaction: eMag’s Takeover By Investment Fund BAF
After having signed an agreement for a potential deal with eMag in 2008, investment fund Balkan Accession Fund (BAF) found out in April 2009 it had all been for nothing, as it the retailer h...
A&D Pharma Buys Diagnosis, Its First Clinic Acquisition
A&D Pharma, the largest group in the Romanian pharmaceutical industry has bought 80% in the two Diagnosis clinics, extending its private healthcare network to eight units.
Iulian Stanciu And Sebastian Ghita Buy Another 30% Of eMag
Bogdan Vlad and Dan Teodosescu, two of the founders of eMag, the largest online retailer in Romania, sold all of their remaining shares, about 30%, to the majority shareholder, Asesoft Distr...
Johnson Control Buys Romanian Spumotim's Auto Division
U.S. car parts maker Johnson Control announced it has bought the automotive division of Romanian polyurethane foam maker Spumotim Timisoara, for an undisclosed amount.
Austria’s Kapsch Negotiates Acquisition In Romania
Austrian group Kapsch, with over EUR0.5 billion in annual turnover, negotiates an “over EUR1 million” acquisition of an IT company in Romania, and plans a major expansion over the next five...
Somaco Grup Buys Prefab Plant For EUR4M
Construction materials maker Somaco Grup Prefabricate bought a concrete prefab plant for EUR4 million in central county Alba, with plans to invest another EUR2 million in widening its range...
Acvatot Earmarks EUR5M To Buy A Romanian Company
French-owned construction company Acvatot plans to expand its Romanian operations by taking over a local urban infrastructure constructor for at most EUR5 million.
Romanian Oltchim Buys Petrom Installations For RON1.6M
Romanian chemical company Oltchim Ramnicu-Valcea (OLT.RO) Tuesday said it has bought several installations owned by oil company OMV Petrom (SNP.RO) in Arges county for 1.6 million lei (EUR0....