www.mediafax.ro/economic/grupul-ppc-cumpara-flanco

PPC Group, through its subsidiary Kotsovolos, has signed an agreement to acquire 100% of Flanco, a Romanian electronics retailer, for €35 million. This acquisition aims to strengthen PPC's presence in the Southeast European market, replicating its successful model from Greece. Flanco operates 150 stores across Romania and has a significant annual turnover. The deal is expected to enhance PPC's strategic expansion and create synergies in technology and energy solutions. The transaction is pending regulatory approvals and is anticipated to finalize by the end of 2026. Flanco will continue its operations while integrating PPC's energy solutions into its offerings.