“12 years since its launch, F64 Studio has been sold to a foreign investor,” Marian Alecsiu and Dana Becheru said in a statement.
The two entrepreneurs didn’t give any details on the value of the transaction or the name of the new owner.
F64 Studio has annual turnover of EUR18 million. The company reported a 12% increase in its 2013 sales, despite a 15% decline in the local photo market.