The deal received all necessary regulatory authorizations in December 2012. All three parties are headquartered in Bacau County, northeast Romania.
Pambac posted total sales of 193 million lei (EUR44.5 million) in 2011.
Founded in 1998, Comfert is one of the top three wholesalers of chemical fertilizers on the local market. In 2011, the company reported sales of RON388 million.
Popasul Trebes was founded in 1991. The company trades grain, seeds and fertilizers. Popasul Trebes said its sales rose 45% on the year to over RON345 million in 2012. (EUR1=RON4.3364)