World Class owner interested in FMCG, food & distribution sectors in Romania
Investment fund Resource Partners could invest in the fast-moving consumer goods (FMCG) sector, or in the food and distribution sectors, said Dan Farcasanu, head of the fund’s investments division.
“We are looking at different projects, but it’s a rather volatile market,” Farcasanu added, cited by local Wall-street.ro.
Last year, Resource Partners took over the majority stake (71%) in fitness center network World Class, together with three company managers.
The fund will continue making acquisitions for World Class this year, to expand the network. It recently took over a fitness center in Cluj and will buy two other gyms in the second part of the year.
The chain currently includes 12 centers but plans to reach 16-17 in the summer and 19 at the end of the year. By the time it exits the business, the fund would like World Class to reach 30 fitness centers.
editor@romania-insider.com