Deal facts
- Buyer
- Altex Romania
- Target
- Brico Dépôt Romania
- Deal value
- Not disclosed
- Announced
- 2 May 2025
- Status
- Completed
- Sector
- Consumer & Retail
- Country
- Romania
- Consideration
- cash
Sources
Altex Romania has agreed to acquire Brico Dépôt Romania in an asset sale transaction valued at 70 million EUR. The deal was executed entirely for cash consideration and was announced on 2 May 2025. The transaction was completed on the same date, marking a significant shift in the Romanian retail sector. This acquisition allows Altex to expand its physical footprint and product range within the home improvement market.
The deal structure involves the transfer of specific assets rather than a full corporate merger or equity purchase. By acquiring these assets, Altex gains immediate access to the target's existing store network and inventory. The transaction is now complete and the new ownership structure is fully operational. The parties have concluded all necessary regulatory filings to finalise the sale.
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Altex Romania to acquire Brico Dépôt Romania
{ "headline": "Completion of sale of Brico Dépôt Romania", "issuer": "Kingfisher (KGF)", "announcement_date": "2025-05-02T16:30:00", "category_code": "Class 2 Disposal", "body": "Completion of sale of Brico Dépôt Romania \n\n Further to the announcement of 18 December 2024, Kingfisher plc, the international home improvement company, today announces that it has completed the sale of its B
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Buyer history
Altex Romania
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