“The companies whose acquisition we are discussing now are not in the category of enterprises with problems, although there is a series of opportunities on the market in this area. We prefer healthy businesses. Our intention is to be majority shareholders,” the fund’s Managing Director in Romania, Cornel Marian, told Business Standard.
The segments targeted by the Swedish fund are construction materials, business services, financial services and consumer goods. The fund’s strategy includes having 4-6 strong companies in its portfolio at all times, and, at present, Oresa is majority shareholder of Fabryo, Somaco construction material producer, and Kiwi Finance brokerage firm.
“We will not sell the three businesses in the coming 3-5 yeas, because they have a high potential. Investments in construction materials are not risky at the moment, if you have a long-term vision, because there will be further construction works on the market, and it is an opportunity to make such investments now, when our competitors are indebted,” Marian said.
