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Horizon Capital returns as shareholder in Romanian-Moldovan winemaker Purcari

Horizon Capital, a leading private equity firm in the region, announced on January 29 that its USD 200 million Emerging Europe Growth Fund III (EEGF III) has bought a 6.8% stake in Romanian-Moldovan wine producer Purcari, listed on the Bucharest Stock Exchange. The fund paid USD 7.0 million for the stake. Horizon Capital became the majority shareholder of Purcari Wineries in 2010, when it took over 64% of the companys’ shares through Emerging ...

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