The overall investment in these stores may reach EUR100 million over the next several years, the fund said in a news release.
PEF VI took over Profi Rom Food in 2010, for EUR66 million.
Profi Rom Food currently operates 101 Profi stores in 67 cities, and it has 2,800 employees.
This year, the company has opened 19 stores, and it plans to launch another six by the end of the year. Profi has already scheduled at least 25 openings for next year.
So far, investment in new stores and the restructuring of existing stores has reached some EUR20 million, funded from the company’s own resources.
Profi Rom Food, which was founded in 1999, posted sales of 725 million lei (EUR180 million) last year, up 21% from 2009. In the first six months of 2011, the company’s sales rose 35% on the year.
PEF VI is managed by private equity and venture capital firm Enterprise Investors. (EUR1=RON4.3346)