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Maspex Romania to acquire a 72% stake in Purcari Wineries.

Synopsis

Maspex Romania, a Romanian branch of Maspex Group, agreed to acquire a 72% stake in Purcari Wineries, a wine and brandy producer. Financial terms were not disclosed. “The acquisition of Purcari Wineries is in line with our strategy of regional expansion and strengthening our presence in the alcoholic beverages sector, by investing in recognized brands with a rich tradition and strong leadership position. Purcari Wineries, as a leading producer of premium wines in Central and Eastern Europe, is an ideal addition to the Maspex Group’s portfolio. Our goal is to further develop Purcari as a strong player capable of competing effectively in international markets,” Krzysztof Pawiński, Maspex Group CEO.

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MergerLinks - Maspex Romania to acquire a 72% stake in Purcari Wineries.