| 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. |
