Bucharest Exchange-listed Purcari announces second acquisition this year
Bucharest Exchange-listed Purcari Wineries (BVB: WINE), one of the leading wine groups in Central and Eastern Europe, on April 3 announced that its Romanian subsidiary, Crama Ceptura, has signed an agreement to acquire 100% of the share…
iulian ernst · Journalist
· Updated · 2 min read
Bucharest Exchange-listed Purcari Wineries (BVB: WINE), one of the leading wine groups in Central and Eastern Europe, on April 3 announced that its Romanian subsidiary, Crama Ceptura, has signed an agreement to acquire 100% of the share capital of CaraprodVin, a wine producer from Vârteşcoiu commune, Vrancea County. The move marks Purcari’s expansion in the northeastern part of Romania, where the target company has 33.18 hectares of vineyards and wine produced on its facilities.
The announcement comes two weeks after Purcari announced, on March 18, a similar agreement to take over SERVE Ceptura - a well-recognised producer on the national market, with an annual production output of approximately 0.5 million bottles, and a portfolio of established brands.
