Zamfirescu Racoti Vasile & Partners has advised private equity & private credit investment firm CEECAT Capital on the takeover procedure of a majority stake in Modulo Decorative Solutions based in Cluj, Romania, from Valhall LLC and Mihai Gavris.
Modulo Decorative Solutions operates in the stone veneer wall cladding solutions business.
According to CEECAT representatives, the investment fund intends to support Modulo to become a regional player and to dedicate resources in order to achieve its growth potential via automated production capacity increases and add-on acquisitions in strategic locations, coupled with distribution channels diversification, and increase in the sales force.
ZRVP’s team included Senior Partner Anca Danilescu, Managing Associate Lidia Trandafir, and Senior Associates Alexandra Nania, Alina Cristea, and Oana Marinescu.
Zamfirescu Racoti Vasile & Partners could not provide additional information on the deal.