Public Power Corp's unit Kotsovolos agrees to buy Romanian retailer Flanco
Public Power Corp's subsidiary Kotsovolos signed a deal to acquire 100% of Romanian retailer Flanco for EUR 35.0 million. Completion is expected by end-2026.
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what happened
Reuters reports that Kotsovolos, a subsidiary of Greece's Public Power Corporation SA, has signed an agreement to acquire 100% of Romanian retailer Flanco. The enterprise value of the deal is EUR 35.0 million.
The company expects the acquisition to be completed by the end of 2026.
why it matters
The deal is small and affects a single company, so its impact on broader markets is limited.
tags
instruments
sources
- Public Power Corp Says Unit Kotsovolos Acquires Romanian Retailer Flanco — Reuters, 3 November 2026 at 08:03 UTC
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