Grup Şerban subsidiary sells poultry assets for €16.5 million

Business Forum
Grup Şerban Holding said its subsidiary Ferma Avicolă Şerban completed the sale to SAGEM of a portfolio of real estate and operating assets located in Bacău and Vaslui counties, consisting of land plots, buildings, installations and equipment related to poultry farming activities.

The transaction value amounts to €16.5 million, excluding VAT.

The transferred assets include the poultry farming facilities and related land located in Tătărăşti and Parincea (Bacău County), as well as Simila–Zorleni (Vaslui County), together with the buildings, installations and equipment existing within these facilities at the handover date. The transaction forms part of the Group's strategy to optimise its asset portfolio and strengthen its financial structure.

The proceeds will be primarily used to repay financial obligations under the loan agreement secured by the mortgage agreement authenticated under no. 33/21.01.2025, in accordance with the early repayment requests and the instructions issued by the Security Agent pursuant to the lenders' decisions.

 

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