Maspex becomes main shareholder of Purcari Wineries

Business Forum
Maspex Romania has successfully completed its voluntary takeover bid for the shares of Purcari Wineries, in a deal worth RON 604.2 million (€121.7 million).

The transaction, intermediated by BRD - Groupe Societe Generale, involved the acquisition of 28.7 million shares, which represents 71.17% of Purcari Wineries' share capital. 

The transaction's final settlement through the Romanian Central Depositary was completed on August 5.

Following the closing of the public offer, Maspex Romania holds a direct stake of 72.8% in the issuer's share capital. The consolidated stake, which includes shares owned by persons acting in concert, now stands at 87.8%.

This acquisition marks a significant move for Maspex in CEE, solidifying its position in the beverage sector.

Shares in Purcari Wineries were up 0.25% to 20.4 lei on Wednesday morning trading on the BVB.

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