It previously bought into medical clinic network Medima Health.

The business of O’Fresh Vending Solutions, with RON64.4 million turnover in 2022, (up 38%) is owned by a Cyprus-based firm, Seminco Holdings (90%) and entrepreneur Mihai Ungureanu (10%).

For the fund, this is the second deal in the same field, of snacks and coffee vending machines, after the deal sealed in 2021 in Bulgaria, the takeover of Breaktime.

With the move, the investor announces the intention to develop the Romanian company, both directly and via acquisitions.

O’Frech Vending Solutions appeared on the market in 2008 and currently has 60,000 clients daily.

(English version by Catalina Apostoiu)