Founded in 1968, Pambac was acquired earlier this year by Romanian chemical fertilizer wholesaler Comfert and grain trader Popasul Trebes. The transaction value was not disclosed.

Pambac posted total sales of 119.9 million lei (EUR26.9 million) in 2012, down 23.4% year-on-year.

The company owns 13 stores and employs 533 staff. (EUR1=RON4.4232)