The Roca Investments and the Adm Group announce the completion of the transaction after which Roca Investments becomes a minority shareholder in the energy group, with a 20% of shares. The transaction received the opinion of the Competition Council.
Roca Investments bought 20% of Adm shares. Photo addem
The presence of Roca Investments in the new shareholding structure will support the acceleration of the strategic plans for the development and scaling of the ADM. Investments will be directed mainly to the extension and diversification of EPC projects (engineering, prosecutor, and construction), the development of renewable energy infrastructure and digitalization of electrical networks.
“The future of Romania depends on the power of its strategic sectors. The energy infrastructure is one of the most important, and the investment of Roca Investments in the adm represents a decisive step towards strengthening this field. The partnership with Corneliu Bodea means to join the experience and energy of our team to a national visionary leader, to build a vital sector for the country.”, Says Rudi Vizental, CEO and co-founder Roca Investments.
“The entry into shareholding of Roca Investments supports the object objective to attract local capital for the accelerated development of the group, which will continue to be led by the current management team. It is an important step towards strengthening a Romanian success story, which continues to be an example of performance in the local market.“Adds Corneliu Bodea, CEO, addem.
Roca Investments is one of the first private equity companies on the local market. With a unique investment model in Romania, type and Build, Roca Investments aims to contribute to the growth of Romanian companies with regional and international potential through strategic investments and results oriented. In recent years, the company has invested over 20 local business entrepreneurials and has achieved exits such as Romcargo, Frigotechnics and, recently, Artesana.
The ADM group was founded in 1992 as a family business with 100% Romanian capital. Today there are over 1,600 employees and a network of over 30 headquarters at national level. Recognized for the solutions and services dedicated to the energy field, the group manages an extended area of activities, from complex general entrepreneurship projects for B2B customers, to Energy efficiency projects for B2C customers. ADM provides development, modernization, digitization and maintenance of electrical networks, as well as intelligent meter management. At the same time, the group develops and offers intelligent efficiency and consumption solutions, dedicated to B2B and B2C segments, such as photovoltaic systems, storage solutions, heat pumps and charging stations.
