Here are the main deals in the food and beverages sectors that were registered last year. For a forecast regarding the M&A market in 2017, you can read this exclusive article.
AGRIBUSINESS & FORESTRY
Ameropa buys agristorages
Value of transaction: N/A
Legal team buyer: Popovici Nitu Stoica & Asociatii
Legal team seller: N/A
Description: Swiss company Ameropa Grains, one of the largest local traders of raw agricultural material, bought an agri-storage and distribution business (storage and distribution facility, equipment, contracts and personnel) operating in Carpinis, Timis county from InterCereal SA. InterCereal is part of the InterAgro group. Ameropa Grains also made a multi-million acquisition of three independent agri-storage and distribution businesses in Teleorman, Calarasi and Tulcea.
IKEA arm buys forests in Romania
Value of transaction: N/A
Legal team buyer: Wolf Theiss Rechtsanwälte GmbH & Co KG
Legal team seller: Dentons
Description: IRI Forest Assets, part of the Swedish IKEA Group, acquired 12,795 hectares of forest in Iasi and Neamt counties, from Prokon Hit Timber SRL, a company engaged in forest operations.
PULP AND PAPER
Vrancart buys majority stake in Rom Paper
Value of transaction: EUR 5 million
Legal team buyer: N/A
Legal team seller: Suciu Popa, KPMG Romania (financial)
Description: Vrancart, a listed Ukraine-based company specialized in manufacturing corrugated paper for corrugated cardboard and hygiene papers, bought Rom Paper, a Romanian manufacturer of tissue paper. Through the transaction, Vrancart aimed to consolidate its position on the Romanian market and increase its market share by 30 percent.