Bebe | Romania Feed

Direct selling company Avon, a major player on Romania’s cosmetics market, has inked a partnership with Tei group and also sells its makeup products in the online stores of Farmacia Tei and Bebe Tei.

Pavăl Holding, founded by the Dragoş & Adrian Pavăl brothers, acquired a minority shareholding package (30% stake) in Farmacia Tei and Bebe Tei, which are owned by Grupul Tei, founded by entrepreneur Roxana Maftei. Pavăl Holding was advised in the deal by KPMG Legal – Toncescu și Asociații SPARL, KPMG Advisory and KPMG Tax, while on the other side, Clifford Chance […]