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Innova Capital, a Poland-based private equity fund, acquired a majority stake in EnergoBit ESCO SA, a Romanian supplier of electricity equipment, Ziarul Financiar reported.
The European Bank for Reconstruction and Development also bought a minority stake in EnergoBit, the Bucharest-based newspaper said, citing Stefan Gadola and Ioan Socea, two of the company’s founding shareholders. The value of the transaction wasn’t disclosed, according to Ziarul Financiar.
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