Orbico Group to acquire the majority ownership of Interbrands Marketing & Distribution | Progresiv
Orbico Group signed an Agreement with Holson to acquire, in steps, the majority ownership of Interbrands Marketing & Distribution. 
Orbico Group is the leading distributor in 20 countries for a large number of quality globally known brands ranging from beauty care products through food and non-food products, technical, electrical and other categories.
Interbrands is a leading distributor in Romania for strategic partners such as British American Tobacco, Philip Morris International, Procter & Gamble, Coty, Danone, Duracell, Fater, Nestle and others. Interbrands turnover is around 200 million euros, EBITDA is around 10 million euros and it has some 2,000 employees.
The Agreement is subject to the approval of Competition Authorities in several countries prior to which and in full legal compliance no further details will be communicated.
