A team of transaction specialists from PwC Poland and PwC Romania assisted the Zabka Group, one of the largest players in the food trade in Poland, in a deal through which it acquired a controlling stake in the Romanian consumer goods distribution company DRIM Daniel FMCG Distribution.
In this deal, PwC consultants provided tax and financial due diligence and tax structuring services.
“This is one of the most important transactions in the FMCG sector in Romania that took place last year and which led to the emergence of a stronger and more competitive player in the distribution market, which will contribute to the development of this sector. I thank clients and colleagues for their trust, and I am glad that we were able to contribute to the completion of a successful partnership through this deal,” said Andrea Mitirice, tax partner at PwC Romania.
The PwC team in Romania was formed by Andrea Mitirice, Partner, Laura Paraskiv, Senior Manager, Madalin Manea, Senior Manager, Lucian Tecucanu, Manager.
Founded in 1998, Zabka, a Polish retail company, operates a network of nearly 10,000 stores and does business worth €3.4 billion a year.
About PwC Romania
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Article supported by PwC Romania
Source: Hot News
Lori Barajas is an accomplished journalist, known for her insightful and thought-provoking writing on economy. She currently works as a writer at 247 news reel. With a passion for understanding the economy, Lori’s writing delves deep into the financial issues that matter most, providing readers with a unique perspective on current events.