The EBRD and investment funds CEECAT Capital and Morphosis Capital, which were part of La Cocos shareholding structure, will make their exit with the deal.
According to the same sources, founder Iulian Nica will stay at the company for a while.
La Cocos store chain, founded in 2014, in 2024 generated RON1.18 billion turnover, 20.7% higher than in 2023. Thus, the company became the first Romanian retailer to cross the RON1 billion turnover threshold.
The results are generated with a network of three large stores, two in Ploiesti and one in Bucharest. The fourth unit, located in Brasov, was opened in January.
Now, the company is stepping up expansion and is to open new units in Craiova, Pitesti and Arad.
(English version by Catalina Apostoiu)