Romania's Teraplast gets regulatory nod to acquire 50% of Depaco

Romanian plastic products manufacturer Teraplast [BSE:TRP] said on Tuesday the country's competition authority has approved its acquisition of 50% of the capital of local metal roof tiles producer Depaco, seenews.com informs. After the completion of the deal, the founder of Depaco, Dragos Irimescu, will remain an important shareholder of the company, while Valeriu Irimescu will be its CEO, Teraplast said in a filing with the Bucharest Stock ...

Developed by Codecraftsman