A major new transaction takes place in the local construction market

Bucharest, May 27 – Local M&A consulting firm BICF Corporate Finance, one of the main players on the Romanian M&A market, has assisted Saint-Gobain in the acquisition of the Romanian group Duraziv. The team involved in this transaction consisted of Bogdan Iliescu, Alin Pop, Bogdan Cîmpean and Ioana Prăjinariu. The transaction will be finalised after receiving the approval of the Competition Council.

The Saint-Goban Group, with a turnover of 38.12 billion euros in 2020, is present in Romania through 4 companies, 9 brands, and 12 industrial sites, being one of the leaders in the local building materials market. Established in 2003, Duraziv is one of the best-known and most appreciated local producers of adhesives, mortars, paints, decorative plasters, and metal profiles.

“We are delighted to have successfully coordinated and closed yet another landmark transaction in the Romanian building materials sector. Just one year after the successful completion of the sale of Adeplast to Sika, we are pleased to announce the acquisition of Duraziv by Saint-Gobain. Strengthening Saint-Gobain’s operations in the local market through the acquisition of Duraziv once again certifies the potential that Romania presents and sends a signal of confidence to other global investors. We are grateful for the trust that Saint-Gobain has placed in us to represent them in this process and to the entire team involved for their support over the past months.”


Bogdan Iliescu, Managing Partner, BICF Corporate Finance

“The completion of this transaction represents another concrete step in the implementation of Saint-Gobain Romania’s commitment to offering its customers a diverse and high-quality range of products and services. We are talking about a major investment, which will strengthen our competitiveness and performance in the local construction market, to the ultimate benefit of Romanian customers.”


Ovidiu Păscuțiu, CEO, Saint–Gobain, România.

BICF Corporate Finance is a local M&A consulting firm based in Bucharest, with 100% Romanian capital. BICF provides high-quality advisory services to shareholders, management, boards of directors, and investors. BICF specializes in mergers and acquisitions, market entry strategies, financial planning, valuation, capital markets advisory, business restructuring, and growth strategies. The company was founded and is managed by Bogdan Iliescu (former Managing Director of Corporate Finance BRD – Groupe Société Générale) together with Alin Pop (former Managing Director of Investment Banking Unicredit Romania).

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