The past year’s rapid expansion also comes after in 2023 private equity fund Value4Capital joined the company’s shareholding structure.

The deal is subject to some conditions and should be completed in the third quarter of this year, say the two sides, without providing further details. They did not disclose the value of the deal, either, but stated it was partially funded by ACP Credit.

Clarfon in 2024 reported turnover of almost RON70 million, up 32%.

(English version by Catalina Apostoiu)