CEECAT Capital

Ready to kick off your space jоurney? Space education powered by EnduroSat #spaceisclouserthanyouthink https://lnkd.in/dQZK2vs4

CEECAT Capital proudly announces the latest milestone in the national expansion of Supermarket La Cocos, an ambitious and innovative food retail concept that is redefining the shopping experience across Romania. Today, La Cocos celebrated the opening of its fourth hypermarket, strategically located in the thriving city of Brasov. This marks a significant step towards the company’s goal of domestic leadership in food retail, following the strategic investment made by CEECAT Capital, EBRD, and Morphosis Capital in December 2024. Designed to offer a modern, efficient, and customer-focused shopping experience, the new Brasov hypermarket reflects the brand’s dedication to meeting the evolving needs of Romanian consumers, providing high-quality products and exceptional value under one roof. The opening event in Brasov today was met with enthusiasm from local residents, industry leaders, suppliers, distributors and stakeholders, signaling strong support for La Cocos’ growth and its potential to revolutionize the food retail landscape in Romania. CEECAT Capital is excited to be part of La Cocos' journey towards transforming food retail in Romania, bringing convenience, choice, and innovation to more communities, and transforming the way people shop and engage with retail. With four more hypermarkets slated to open across Romania in 2025, La Cocos is poised to accelerate its growth trajectory, reinforcing its position as a trailblazer in the sector. Each new location will embody the brand’s core values of quality, efficiency, and accessibility, setting a new benchmark for the Romanian retail market.

2024 has been a challenging year, in someways a transition year. The global political outlook is now much clearer, which whether you support the change or not, removes some uncertainty. In South East Europe we have seen inflation come down and growth has remained reasonably robust. War persists in Ukraine and we wish and remain hopeful that solutions can be found that bring this tragedy to an end. They say that an optimistic person thinks the best possible thing will happen and hopes for it even if it may not be likely. So we choose to enter 2025 with only one thought in our minds - optimism. As 2024 draws to a close, we would like to take a moment to thank all of the constituents who have contributed to our growth and success over the past 12 months. To all of our employees, to our clients who continue to support us, to the service providers who help keep us from harm’s way, and to the unbelievable partners we have made at our investee companies who work tirelessly in the face of every challenge, we thank you all, and wish you and your families happiness and health. As they say in the Caribbean - we wish you all a very Happy Old Year’s Night, and may 2025 bring peace to all.

CEECAT Capital, EBRD, and Morphosis Capital have signed a share purchase agreement to acquire a majority stake in La Cocos, a Romanian discount retailer. Founded in 2014, La Cocos operates three locations in Ploiesti and Bucharest and has established itself as a key player in the market with a unique business model focused on efficiency and competitive pricing. Between 2018 and 2022, La Cocos achieved an impressive sales growth, surpassing major competitors in the Romanian grocery retail market. In 2023, the company generated 200 million euros in revenue, serving both B2C customers and small B2B businesses. La Cocos is recognized for its no-frills approach, strategic store locations, and efficient shopping experience, offering approximately 10,000 SKUs.

CEECAT Capital, EBRD, and Morphosis Capital have signed a share purchase agreement to acquire a majority stake in La Cocos, a Romanian discount retailer. Founded in 2014, La Cocos operates three locations in Ploiesti and Bucharest and has established itself as a key player in the market with a unique business model focused on efficiency and competitive pricing. Between 2018 and 2022, La Cocos achieved an impressive sales growth, surpassing major competitors in the Romanian grocery retail market. In 2023, the company generated 200 million euros in revenue, serving both B2C customers and small B2B businesses. La Cocos is recognized for its no-frills approach, strategic store locations, and efficient shopping experience, offering approximately 10,000 SKUs.

Goodpack, a portfolio company of CEECAT Fund II, completed the acquisition of Paccor Romania, a leading player in the Romanian thermoformed food packaging market. This strategic acquisition marks a significant milestone for Goodpack as it aims to become the largest independent provider of sustainable food packaging in the CEE region. Specializing in mono-material packaging solutions, Goodpack is committed to promoting environmental sustainability while meeting the highest standards of quality and functionality.

Goodpack, a portfolio company of CEECAT Fund II, completed the acquisition of Paccor Romania, a leading player in the Romanian thermoformed food packaging market. This strategic acquisition marks a significant milestone for Goodpack as it aims to become the largest independent provider of sustainable food packaging in the CEE region. Specializing in mono-material packaging solutions, Goodpack is committed to promoting environmental sustainability while meeting the highest standards of quality and functionality.