“TeraPlast paid EUR2 million to the sellers and provided a loan of EUR 1.5 million to support the growth of the activity of the new subsidiary. The final value of the acquisition will be determined based on AEG’s financial statements as of December 31, 2025, using the agreed formula of 5 x EBITDA, with necessary adjustments (cash, working capital, debt),” TeraPlast said in its report to the Bucharest Stock Exchange.
Aquatica Experience Group is an integrated engineering player, providing water treatment, purification, and management solutions, including digital components, which contribute to expanding the portfolio of integrated water management solutions provided by TeraPlast.
TeraPlast SA appointed Ovidiu Gurau, TeraPlast’s commercial director, as co-administrator of AEG.
TeraPlast is part of the BET index and ended 2024 with RON19.6 million loss, after a RON1.1 million net profit in 2023, largely due to the increase in interest spending and to the amortization costs, as a result of investments becoming operational in new plants. Revenue increased by 34% to RON898 million.
“AEG is part of the initiative to establish a European consortium, called Knowledge and Innovation Community Water (KIC), whose objective is to establish a center of excellence and innovation in water infrastructure in Romania, impacting the assurance of this resource and the safety of water delivery. The consortium’s targeted partners include both public and governmental institutions in Romania, as well as industrial partners and research centers, such as the Luxembourg Institute of Science and Technology.”
(English version by Loredana Fratila-Cristescu)