MidEuropa Completes Acquisition of Profi
MidEuropa, the leading private equity firm focused on Central and South Eastern Europe, announced today that it completed the acquisition of Profi Rom Food, the fastest growing supermarket chain in Romania.
Profi is a modern retail network with the widest geographical spread in Romania, having a strong presence in almost 250 cities, smaller towns and villages. Profi operates two store formats in urban areas, Standard and City, and recently developed Loco, a successful format for rural parts of the country. Profi is one of the top employers in Romania, with nearly 11,000 employees.
The transaction execution was led by Andrej Babache with the support of Ratko Jovic, Lukasz Wlodarczyk, Tomas Vrba and Albert Jelinek.