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Legal - Nestor Nestor Diculescu Kingston Petersen (NNDKP) won the “Romania Law Firm of the Year” award at the Chambers Europe Awards gala, a hallmark event
Deloitte Romania assisted AAylex Group, one of the leading players in the food industry, in the acquisition of the feed, one-day chickens and hatching eggs producer Banvit Foods Romania, owned by the homonym group in Turkey, which is part of the Brazilian group BRF, one of the largest players in the world in the food industry. The transaction was signed in March 2021 and was finalized in May, following its approval by the Competition Council. Its value is of over 20 million euros. Through this acquisition, AAylex Group continues its expansion on the local market and completes its over 70 mill...
Romania's AAylex Group completes 20.3 mln euro buy of Banvit Foods Romania's Aaylex Group factory - owner of coco Rico brand BUCHAREST (Romania), May 17 (SeeNews) - Romanian poultry meat producer and distributor AAylex Group said on Monday that it has completed the acquisition of Banvit Foods, part of Brazilian food company BRF, for 20.3 million euro ($24.5 million). "Through this strategic acquisition, AAylex Group will increase its animal feed, chicks and incubated eggs production capacity, covering all areas of production, from genetics, food production to animals, breedi...
Brazil's BRF sells Banvitfoods to Romania's Aaylex Group for 20.3 mln euro Romania's Aaylex Group factory - owner of coco Rico brand BUCHAREST (Romania), May 7 (SeeNews) - Brazilian food company BRF said that it has concluded the sale of Banvitfoods to Romanian poultry meat producer and distributor Aaylex Group for 20.3 million euro ($24.5 million). The transaction was carried through indirectly controlled subsidiaries Nutrinvestment BV and Banvit Bandirma Vitaminli Yem Sanayii AS, BRF said in a regulatory disclosure file posted on its website on May 4. The purchase price is...
Romania's Aaylex Group invests 15 mln euro in new poultry products unit Romania's Aaylex Group factory - owner of coco Rico brand BUCHAREST (Romania), March 11 (SeeNews) - Romanian poultry processor and distributor Aaylex Group said on Thursday it has invested 15 million euro ($17.8 million) in a new unit for the production of chicken sausages. The investment included research, development, testing, recipe stabilisation, special packaging, brand building, logistics and distribution for the new product, the company said in a press release. The facility employs integrated robo...