Roca Industry will finance Eco Euro Doors with up to RON50 million through loans and/or share capital increase. Also, in the event of a bank financing of EED, it will provide guarantees to the bank financing the transaction up to RON50 million.
“In addition, in accordance with the terms and conditions of the Workshop Transaction, EED takes into consideration to acquire an additional 30% of the issued shares of Workshop,” the company writes in the resolutions.
Shareholders also approved the increase of EED’s share capital by up to EUR1 million.
Roca Industry announced the Workshop transaction this summer.
(English version by Loredana Fratila-Cristescu)