Transilvania Investments sells majority stakes in two Romanian firms to Transilvania Construcții

What's the deal? Alternative investment fund Transilvania Investments Alliance (TRANSI.RO) has signed a contract to sell its majority stakes in Independenta Sibiu (INTA.RO) and Mecanica Codlea (MEOY.RO). The buyer is Transilvania ConstrucțiiDealroom has a profile for this one. Try Dealroom →, which is not affiliated with the group.

What are the terms? The deal is structured as a buyout. The value was not disclosed.

Why now? The fund notified the Bucharest Stock ExchangeDealroom has a profile for this one. Try Dealroom → of the agreement, a required step for a listed Romanian investment vehicle divesting controlling positions.

The signal: By exiting both companies, Transilvania Investments is streamlining its portfolio and handing control to an unaffiliated buyer — a move that continues the reshuffling of ownership among Romania's listed industrial assets.

Read more: zfenglish.com

Image credit: Fagor Automation