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Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at andrei@romania-insider.com. 

 

RO gambling operator Superbet takes over Belgium peer in EUR 350-400 mln deal

Romanian gambling and betting group Superbet Group, founded by Serbian entrepreneur Sacha Dragic and having US investment fund Blackstone as a minority shareholder, has taken over Napoleon Sports & Casino, a Belgian peer, from Waterland Private Equity Investments.

The terms of the deal were not disclosed. The deal amounts to EUR 350-400 mln, according to estimates of Ziarul Financiar daily that concludes that this is the largest transaction of a Romanian company abroad.

"Napoleon's market and brand positioning is the ideal acquisition opportunity that contributes significantly to Superbet's global expansion. It also supports the group's growth strategy by increasing revenues from regulated markets with a strong online profile," said Johnny Hartnett, CEO of the Superbet Group.

Napoleon Sports & Casino is one of the top three players in the sports betting & gaming market in Belgium, according to data released by Superbet officials.

As a structure, the Belgian company has both a retail component and a strong online component. A similar model has the Superbet group, developed by entrepreneur Sacha Dragic, who is still the majority shareholder and currently executive chairman.

(Photo: Superbet Facebook Page)

andrei@romania-insider.com

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Profile picture for user andreich
Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at andrei@romania-insider.com. 

 

RO gambling operator Superbet takes over Belgium peer in EUR 350-400 mln deal

Romanian gambling and betting group Superbet Group, founded by Serbian entrepreneur Sacha Dragic and having US investment fund Blackstone as a minority shareholder, has taken over Napoleon Sports & Casino, a Belgian peer, from Waterland Private Equity Investments.

The terms of the deal were not disclosed. The deal amounts to EUR 350-400 mln, according to estimates of Ziarul Financiar daily that concludes that this is the largest transaction of a Romanian company abroad.

"Napoleon's market and brand positioning is the ideal acquisition opportunity that contributes significantly to Superbet's global expansion. It also supports the group's growth strategy by increasing revenues from regulated markets with a strong online profile," said Johnny Hartnett, CEO of the Superbet Group.

Napoleon Sports & Casino is one of the top three players in the sports betting & gaming market in Belgium, according to data released by Superbet officials.

As a structure, the Belgian company has both a retail component and a strong online component. A similar model has the Superbet group, developed by entrepreneur Sacha Dragic, who is still the majority shareholder and currently executive chairman.

(Photo: Superbet Facebook Page)

andrei@romania-insider.com

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