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Articles - acquisitions

Kingfisher makes EUR 275m offer for Mr Bricolage, also present in Romania

Kingfisher has entered into exclusive negotiations with the principal shareholders of Mr Bricolage, the home improvement retailer, to acquire their shareholding, according to a press release from the British company.

The company that took over Praktiker already negotiates a new acquisition in Romania

Search Chemicals, the company controlled by the businessman Omer Susli, which has recently taken over the DIY chain Praktiker from the German group Prakteker AG, is in negotiations for the acquisition of another DIY retailer. They plan stores in 40 large cities in the shortest time.

Papalekas negotiates the acquisition of the former Farmexim platform in Pipera

Former Farmexim warehouses are in the close vicinity of the UpGround complex, developed by Ioannis Papalekas.

Globalworth aims to buy UniCredit’s HQ in the north of Bucharest

Globalworth, controlled by Ioannis Papalekas, is planning real estate deals worth of EUR 130 million in Romania, among which the Unicredit Tower.

AEW Europe acquires an office building on behalf of ERAFP

AEW Europe acquired the L’Open building located at Issy-les-Moulineaux in the South-Western suburbs of Paris on behalf of the French Public Service Additional Pension Scheme (ERAFP).

Lidl Buys Former Poiana Plant Of Brasov

German-held retailer Lidl acquired the former sweets plant of Brasov owned by Mondelez Romania, the producer of Poiana chocolate, but plans to sell part of the land plot for the construction of a hotel.

Retail Projects Investments In Romania, Less Than 1 % From The European Total

The investment volume in retail sector in Romania represents less than 1% of the total volume registered in Europe in 2013.

Mergers and acquisitions market up 39 pct in 2013

The estimated value for mergers and acquisitions in Romania last year was USD 1.09 billion, up 39 percent on the year with the biggest transactions recorded in the banking industry. 57 transactions out of a total of 147 mergers and acquisitions were made public.

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