Romania’s biggest deals in 2016: Automotive&Transportation

Newsroom 22/02/2017 | 16:46

Here are the main deals in the food and beverages sectors that were registered last year. For a forecast regarding the automotive&transportations market in 2017, you can read this exclusive article.

AUTOMOTIVE

Sage Automotive Interior takes over Apollo, with stake in Romanian company

Value of transaction: N/A

Legal team buyer: Gianni, Origoni, Grippo, Cappelli & Partners (lead counsel), Wolf Theiss Rechtsanwälte GmbH & Co KG

Legal team seller: Boscolo & Partners

Description: Sage Automotive Interiors acquired Apollo, a leading Italian textile group active in the supply of products for automotive interiors, which also holds a majority share participation in the Romanian company European Interior. Sage Automotive Interiors has its HQ in the US and has operations across the globe.

 

Harsha Engineers buys plant in Romania

Value of transaction: N/A

Legal team buyer: CMS Cameron McKenna

Legal team seller: NNDKP

Description: Harsha Engineers, an India-based global producer of brass, steel and polyamide cages and other automotive components, entered on the Romanian market through the acquisition of a production facility in Brasov.

 

TRANSPORTATION

TTS buys Plimsoll Kft

Value of transaction: N/A

Legal team buyer: Zamfirescu Racoti & Partners, Deloitte (financial)

Legal team seller: N/A

Description: Transport Trade Services SRL (TTS) bought 51 percent of the share capital of the Hungarian company Plimsoll Kft. The acquisition of the share capital quota was performed by means of a share capital increase operation.

BR Magazine | Latest Issue

Download PDF: Business Review Magazine March (II) 2024 Issue

The March (II) 2024 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “BAT DBS Romania Hub: A Vibrant New Office For An Employee-Centric
Newsroom | 27/03/2024 | 17:32
Advertisement Advertisement
Close ×

We use cookies for keeping our website reliable and secure, personalising content and ads, providing social media features and to analyse how our website is used.

Accept & continue