During the EY-led process, the team provided full sell-side M&A assistance, structuring and coordinating the execution of the transaction.

Brico Dépôt Romania has the 2nd largest store network on the Romania DIY retail market, having entered the country in 2013 via its acquisition of Bricostore Romania and further expanding in 2017 through its acquisition of local Praktiker operations. Brico Dépôt's stores are designed to maximise customer shopping experience and address all DIY, DIFM and trade needs under one roof. The network is supported by a strong omnichannel proposition​ and an agile centralized headquarters.

Founded in 1992, Altex is Romania's market leader in electro IT retail and one of the largest and most recognisable Romanian brands. It currently operates 135 stores under two brands (Altex and Media Galaxy) in around 70 cities, covering all of Romania's 42 counties.

EY's multi-jurisdictional team provided end-to-end M&A advisory with an integrated service offering covering the full spectrum of sell-side assistance services, including vendor financial and tax due diligence, as well as SPA advisory and operational separation services. The successful execution of the announced transaction is owed to EY's multi-disciplinary approach and globally integrated network.