| Project Detail |
Location:
Romania
Project number:
55181
Business sector:
Agribusiness
Notice type:
Private
Environmental category:
B
Approval date:
10 May 2024
Status:
Signed
English-language PSD published:
13 Sep 2024
An EBRD equity investment of up to EUR 15.0m alongside private equity funds CEECAT Capital and Morphosis Capital, to acquire a majority stake in La Cocos (the "Company), a discount grocery retailer in Romania. Following the investment, the founding shareholder will retain a minority stake and continue to lead the Company.
Project Objectives
EBRDs investment will support a fast-growing, founder-owned business to expand its store network and create a relevant player on the Romanian grocery retail market, thus enhancing the competition in the country to the benefit of the local consumers. |
