The founders of Simtel Team have sold a 5% stake to Dedeman (Paval Holding)
The founders of Simtel Team have sold a 5% stake in the company to Dedeman (Paval Holding).
Simtel Team is an eco-engineering company founded in 2010 by three graduates of the Faculty of Electronics and Telecommunications – Iulian Nedea, Sergiu Bazarciuc and Radu Vilău. The company operates in three business areas: renewable energy, telecommunications and automation, delivering projects both in Romania and abroad for each business line. The main services provided by Simtel are turnkey construction and maintenance for photovoltaic parks, turnkey services for the construction of mobile communications networks for telecommunications operators, and automation of industrial processes through automated production lines, electric drives and industrial robots.
Paval Holding is the investment vehicle controlled by Dragos and Adrian Paval, the founders of the leading Romanian DIY retailer Dedeman.
Oaklins’ team in Romania acted as the sole advisor to Simtel Team’s shareholders, assisting in the preparation of the sale process as well as structuring, pricing and closing.
Talk to the deal team
Oaklins BT Capital
Serban Cristian Dumitrescu
Oaklins BT Capital
Partial demerger of DEME from CFE Group
On 2 December 2021, CFE announced its intention to split the Group into two separate listed entities: CFE, a multidisciplinary, integrated group addressing attractive growth markets in Belgium, Luxembourg and Poland. It focuses on four segments: real estate development, construction and renovation, multitechnics and investments. DEME is a global marine solutions provider and is active in offshore energy, dredging and infrastructure, environmental and concessions. DEME has a modern fleet of multipurpose vessels equipped with state-of-the-art technology.Learn more
Dolmen Engineering has been acquired by NIRAS
The private shareholders of Dolmen Engineering have sold the company to NIRAS. The integration will enable the two companies to strengthen their positions within the European life science and food & beverage sectors and offer a fully integrated suite of services.Learn more
Sparr Building and Farm Supply has been acquired by Nation’s Best Holdings
The shareholders of Sparr Building and Farm Supply have sold the company to Nation’s Best Holdings.Learn more