Morphosis Capital Fund II, a growth capital fund focused on developing high-growth SMEs, announces its first investment outside Romania.
The transaction represents a strategic step in AQUILA's regional expansion and was finalized following the fulfillment of all suspensive conditions stipulated in the contract.
The transaction is financed through the NextGenerationEU program, with the financial support of the Government of Romania and the Government of Bulgaria, through the PNRR.
Founded in 1992 as a family business with 100% Romanian capital, the Adrem Group today has 1,600 employees and an extensive network of more than 30 offices nationwide.
Imersia Multichannel Agency offers integrated distribution and trade marketing services to fast-moving consumer goods (FMCG) companies.
During the EY-led process, the team provided full sell-side M&A assistance, structuring and coordinating the execution of the transaction.
The purchase price will be €0.3375 per share, inclusive of dividend, subject to possible adjustments.
The transaction, which is subject to necessary approvals is expected to close in the first half of 2025.
The transaction with Abris Capital Partners is expected to be completed in the first quarter of 2025.
The acquisition includes two manufacturing facilities located in the US and the Netherlands, as well as the lease of other manufacturing and R&D facilities in two US locations.
The transaction will be completed following the receipt of the necessary approvals from the Financial Supervisory Authority and the Romanian Competition Council.
Alpha Bank Romania will be merged into UniCredit Bank Romania, creating the third banking group by assets in the country.
The closing of the announced transaction is conditioned by a legal process, including the completion of due diligence and prior approvals.
In addition to SunLake Snagov, the developer is also working on SunLake Residence, SunLake Homes and SunLake Pipera projects.
With an installed capacity of approximately 710 MW, the photovoltaic parks acquired by OMV Petrom are among the most important projects of this type in South-Eastern Europe.
The former Eva retail property located in downtown Bucharest, on Magheru Boulevard, is occupied by Mega Image and has a leasable area of approximately 1,700 square meters.
The transaction was closed in October 2024, coinciding with the completion of the previously announced sale by Renovatio of 50% of the shares of Electrocentrale Borzești.
Under the partnership, the founders of Marty Restaurants will continue managing operations in their Cluj Napoca locations.
The PeliPartners team was coordinated by Francisc Peli (Managing Partner) and Alexandra Ioniță (Managing Associate).
The acquisition of TehnoWorld extends ROMCIM's portfolio offering and better positions the company to meet Romania's infrastructure and complex non-residential needs.
The Romanian government has approved a new state aid scheme with a total budget of RON 578 million (up to €150 million) to assist large energy consumers in Romania.
Romania's unemployment rate at the end of February 2025 was 3.37%, a decrease of 0.01 percentage points compared to the previous month.
Electrica saw a net profit of RON 376.5 million (€75.5 million) in 2024, down 39.3% compared to 2023, while its operating revenues totaled RON 10.87 billion (€2.1 billion).
Distribuție Energie Oltenia (DEO), the electricity distribution company part of Evryo Group, has signed a large scale syndicated loan.
Israel's national airline El Al has announced the signing of a partnership with Romanian state-owned airline Tarom.