“ROCA Investments acquires a stake of 20% in Artesana. The company is at the beginning of a new development stage with room for organic growth and multiple possibilities for expansion,” said Ionut Bindea, investment manager at ROCA Investments.
Started as a small family business in 2007, Artesana currently manufactures and sells premium dairy products. Following increased demand, the company’s dairy processing factory in Tecuci has reached maximum production capacity.
The Donici family and ROCA Investments will invest EUR4.6 million in a second factory on the company’s land in Tecuci, to triple production capacity.
Artesana estimates a turnover of EUR3.7 million for 2002, up 23% on the year. The company’s products are sold in over 700 stores throughout the country.
The local dairy market grew considerably in recent years, reaching approximately RON5.4 billion in 2020, 60% higher compared with 2008.