takeover
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Angst Takes Over Cold Cuts Producer Salsi Sinaia With RON11M Turnover/Year
Angst group, which operates in the food sector, has acquired the majority stake in the cold cuts factory in Sinaia, thus, holding 88% of the shares of SALSI SA. In 2016, the company in Sinai...
Investment Fund JC Flowers Takes Over Piraeus Bank Romanian Unit
Private equity fund JC Flowers has taken over the Romanian unit of Greek lender Piraeus Bank, following a long period of negotiation.
Banca Transilvania Close To Signing Deal For Bancpost
The talks between Banca Transilvania and Greek-held Eurobank group, Bancpost owner, are close to completion, with the parties now going through the final steps before the signing of the deal...
Wienerberger Buys Brikston From Investment Fund ADM Capital
Austrian building materials manufacturer Wienerberger has reached an agreement with investment fund Asia Debt Management Capital (ADM Capital) for the acquisition of a 98.3% stake in brick m...
Carmistin Acquires Bankrupt Avi Instant In Over EUR4M Transaction
Carmistin group, specialized in the production, processing and sale of meat, has acquired bankrupt company Avi Instant, formerly known as Avicola Targu Jiu, within a transaction worth RON20...
Banca Transilvania About To Enter Final Talks To Buy Bancpost
Cluj-based Banca Transilvania is to sign the exclusive agreement to negotiate for Bancpost, after having competed with US investment firms Varde and J.C. Flowers over it, banking industry so...
Czech Republic’s ALEF Enters Local IT Distribution Market By Buying Likeit Solution
Czech IT systems distribution group ALEF, which operates in the central and SE Europe last month entered Romania by buying locally-owned Likeit Solution, one of the largest actors on this ma...
Competition Council Clears Takeover Of Depaco And Cortina WTB SRL By Teraplast And Dragos Irimescu
Romania’s Competition Council has approved the takeover of metallic tiles producer Depaco and Cortina WTB SRL by plastic systems maker Teraplast and Dragos Irimescu, who is associate in the...
Competition Council Clears Takeover Of Star East Pet By Austrian Giant ALPLA
Romania’s Competition Council has approved the acquisition of Star East Pet, headquartered in Romanian city of Brasov and specialized in the manufacturing of PET preforms for beverages, food...