Pharmacy chain Evofarm is taking over 22 pharmacies owned by the company Farmacia de la Tara and located in the counties of Dambovita, Giurgiu, Ilfov and Teleorman.
Farmacia Tei and Bebe Tei, two of the most powerful brands on Romania’s pharma market, are undergoing a rebranding process and changing their visual identity under the umbrella of Grupul Tei, which includes the two identities.
Romania’s competition watchdog has greenlighted the deal whereby Paval Holding, the special purpose vehicle of brothers Adrian and Dragos Paval, owners of DIY retailer Dedeman, bought into Farmacia Tei and Bebetei Investments Group.
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 […]
Farmacia Tei and Bebe Tei brands of entrepreneur Roxana Maftei have overshoot the RON1 billion sales mark together in 2020, Finance Ministry data show.