BVB-listed Premier Energy to expand Romanian footprint with EUR 700 mln Evryo Group acquisition
Premier Energy Group (BVB: PE), a major energy player in Romania and Southeast Europe, announced the signing of an agreement to acquire Evryo Group from funds managed by Macquarie Asset Management. The deal is estimated at EUR 700 million…
Radu Dumitrescu · Journalist
· Updated · 2 min read
Premier Energy Group (BVB: PE), a major energy player in Romania and Southeast Europe, announced the signing of an agreement to acquire Evryo Group from funds managed by Macquarie Asset Management. The deal is estimated at EUR 700 million and will see Premier consolidate its position in Romania by adding the electricity distribution component to its operations.
The transaction will be implemented through the acquisition of 100% of Felix Distribution Holdings S.R.L., the parent company of Distributie Energie Oltenia S.A., as well as 100% of Evryo Power S.A.
