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Romanian DYI Dedeman chain buys 29% stake in local bricks manufacturer

Romanian DYI Dedeman chain buys 29% stake in local bricks manufacturer

Dedeman, the biggest do-it-yourself (DIY) retailer in Romania, bought a 29% stake in local brick manufacturer Cemacon for RON 10.2 million (EUR 2.26 million). The investment is part of Dedeman owners’ strategy to diversify their business portfolio.

Atalian Takes Leading Position In Facility Management In Romania After Successful Acquisition Of MT&T Property Management

Atalian Takes Leading Position In Facility Management In Romania After Successful Acquisition Of MT&T Property Management

ATALIAN, a major provider of global services to companies, has become the new owner of MT&T Property Management in Romania & Bulgaria.

Austrian group buys Romanian PET preform producer

Austrian group buys Romanian PET preform producer

ALPLA, an Austrian group active in plastic packaging with sales of EUR 3.2 billion globally, has acquired the Brasov-based company Star East Pet, specialized in the production of PET preform for beverage, food, and non-food products.

PPG Completes Acquisition of Romanian Paint and Coatings Manufacturer DEUTEK

PPG Completes Acquisition of Romanian Paint and Coatings Manufacturer DEUTEK

PPG (NYSE:PPG) have announced that it has completed its acquisition from the Emerging Europe Accession Fund (EEAF) of DEUTEK S.A., a leading Romanian paint and architectural coatings manufacturer that reported sales of 30 million Euros in 2015. Financial terms were not disclosed.

GIC completes €2.4 billion acquisition of P3 - one of the largest property deals in 2016

GIC completes €2.4 billion acquisition of P3 - one of the largest property deals in 2016

GIC, Singapore’s sovereign wealth fund, has completed the purchase of P3, one of the leading pan-European owners, developers and managers of logistics properties, from TPG Real Estate and Ivanhoé Cambridge.

Lactalis to control almost a quarter of Romanian dairy market

Lactalis to control almost a quarter of Romanian dairy market

French group Lactalis is in position to control 23 percent of the local dairy market, estimated at EUR 800 million.

Japan's Asahi to pay 7.3 bln euro to AB InBev for SABMiller's CEE business

Japan's Asahi to pay 7.3 bln euro to AB InBev for SABMiller's CEE business

Japan's Asahi Group said on Tuesday it will pay 7.3 billion euro ($7.73 billion) to Belgian-based multinational beverage and brewing company AB InBev for the Central and Eastern European assets of SABMiller, including assets in Romania.

American giant pays EUR 60 million for the major share of Astra Rail wagon factories

American giant pays EUR 60 million for the major share of Astra Rail wagon factories

An American giant controlled by important financial companies such as BlackRock, RBC or Merrill Lynch, took over the major share within Astra Rail Management, which operates three wagon factories.

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