Buşilă, Capital Partners: Brokering the sale of Repower in Romania took three months

0

BT Capital Partners brokered the acquisition of Repower operations in Romania by the Swiss company MET Group, on the the buyer’s side, told energynomics.ro, the director of Investment Banking at BT Capital Partners, Vlad Buşilă.

“We represented the buyer, BG Cont on the accounting and auditing and Kinstellar in the legal advice side. The operations lasted about three months,” said Buşilă. He could not disclose the transaction value or budgeted fees.

“All I can say is that newly created player will be fourth or fifth, depending on the markets considered,” he said.

BT Securities, the brokerage company of Banca Transilvania Financial Group, has become this year BT Capital Partners, the consulting firm taken over by Banca Transilvania retaining its company brand and the team of a small player set up ten years ago by Doru Lionachescu. Capital Partners has previously brokered takeover deals worth a total of over 2 billion euros.

MET, a Swiss energy group specializing in trading energy, gas and oil products, announced Tuesday the take over all businesses of the energy supplier Repower in Romania. Thus, MET Group, which has operations in Romania since 2009, will take over the entire local unit of Repower in Romania, covering about 5% of the market. The largest shareholder of MET is the Hungarian group MOL.

Share.

About Author

Bogdan Tudorache

Leave A Reply