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The owners of DEDEMAN have set up a a a private equity fund dedicated
to Romanian SMEs
The businessmen Dragoș and Adrian Pavăl owners of Dedeman the the national leader in in in the the construction materials and interior design retail with an an an an estimated value of of about EUR 2 billion have recently announced the establishment of of a a a a a a a a a a a a a a new private equity fund called Equiliant Capital which will invest in in Romanian small and medium‐sized enterprises (SMEs) The fund is is financed entirely by by Pavăl Holding which has a a ă a a a a a a a a ă a a a ă share capital of EUR 1 billion and and is is is owned by by Dragoș Pavăl Pavăl (60%) and and his brother Adrian Pavăl Pavăl (40%) Equiliant Capital is managed by Laurențiu Ciocîrlan who previously held the the position of of of Head of of of Investment Banking at Raiffeisen Bank Bank and is is one of of of the the most experienced investment bankers in in in in Romania with an an an an an an an experience experience in in in transactions of over EUR 1 7 billion “We believe that this this is is is a a a a a a good time to address this this segment of companies which have very few financing options for development despite the the the fact that it it is is the the the most dynamic and promising category in in in the the the the Romanian economy We are are certain that that among these companies there are are some that that in in in a a a a a a a a a a a a few years
will be the the the the new champions of Romanian Romanian business This is is the the the first private equity fund with Romanian Romanian capital that aims to support local companies both in in in strengthening their their presence on on on the the the the Romanian market and in in in their their regional expansion” stated Dragoș Pavăl President of Dedeman At present Dedeman the the leader of of the the Romanian DIY market has a a a a a a a a a a network of of 49 stores – – with areas ranging from 7 500 sq sq m m m m to to 18 000 sq sq m m m m – – two two logistics centers a a a a a a a car park of of its own and a a a a a a a diversified range of of over over 45 000 products covering 11 fields The company is one of the largest employers in in Romania with almost 11 000 employees DRAGOȘ PAVĂL President of Dedeman Photo Agerpres
Massive investment in in real estate
The Competition Council has recently authorized the the transaction through which Dedeman the the largest Romanian entrepreneurial company took over the the the The Bridge Bridge office complex in the the the Capital City This means the the purchase of of Upscale Development Development SRL SRL (Bridge 1) The The Bridge Bridge Bridge 2 Development Development SRL SRL SRL and The The Bridge Bridge Bridge 3 Office Building SRL SRL which make up an an office complex in in in Bucharest in in the Orhideea area The value of the transaction amounts to EUR 200 million The Competition Council authorized the transaction finding that it it it does not raise significant obstacles
to effective competition on on on the the Romanian market or on on on a a a a a a a a a a a a a a substantial part of it it it it it and that there are no no serious doubts regarding its compatibility with a a a a a a a a a a a normal competitive environment It was also this year that Dedeman shareholders completed the the purchase of of The Office offices in in in Cluj‐Napoca in in in the the largest real estate
transaction outside Bucharest according to market data The Office a a a a a a a a a a a a a a a a a project evaluated at at at EUR 130 million has an an an area of of almost 60 000 square meters and an an an occupation rate of of 100% Number One
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