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Articles - transactions

Transeastern Power Trust buys two solar parks in Romania for EUR 8.5 mln

Canadian investment vehicle Transeastern Power Trust has agreed the acquisition of two solar parks in Romania, from RG Renovatio Group, for about USD 9.6 million (EUR 8.5 million), excluding debt.

Romanian paper tissue producer sells stake to Abris Capital Partners

Local businessman Ioan Tecar, the owner of the group MG-Tec, sold a stake in four of the group’s companies to investment fund Abris Capital Partners.

Czech developer invests EUR 15 mln in logistics park in Romania

Czech developer CTP will invest up to EUR 15 million this year in the soon-to-be-acquired logistics park Cefin Arad, which is in liquidation.

Real estate transactions amount to EUR 30-40 mln in Q1, says DTZ

The transactions with offices, shopping centers, logistics parks, plots of land totaled in the first quarter EUR 30-40 million, a level similar to the one recorded in the same period of 2014 of EUR 270 million, if excluded the intragroup acquisitions made last year by businessman Ioannis Papalekas.

Romania’s Competition Council approved Dalli Group – P&G detergent plant deal

Romania’s Competition Council recently approved Dalli Production Romania’s acquisition of a detergent manufacturing plant from Timisoara.

US investment fund sells Mercury Logistics Park in Romania

US investment fund Heitman sold the Mercury Logistics Park logistics park near the Bucuresti-Pitesti highway.

US company buys weapons factory in Romania

A yet unnamed US company has acquired and plans to re-open the local weapons factory Uzina Mecanica Dragasani, located in the Valcea county, Alexandru Uta, Stefanesti mayor, told local Agerpres.

Ireland’s CRH to buy Lafarge Romania’s assets as part of global merger with Holcim

Irish building supplies group CRH will pay a total of EUR 6.5 billion (USD 7.4 billion) to buy assets belonging to Swiss Holcim and French Lafarge in order for the two giants to obtain regulatory approval for their planned merger, it was announced on Monday.

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