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126 new news items in the last 24 hours
  1. Home
  2. Economy

Paval Holding, the owner of Dedeman, will acquire Praktiker Hellas, marking its entry into the Greek market and Fairfax's withdrawal from the Greek DIY sector.

Sanziana Georgescu
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16 July 2025, 18:18
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The acquisition of Praktiker Hellas by Paval Holding, which owns Dedeman, signals the Romanian company's entry into the Greek market and the withdrawal of Fairfax after a decade in Greece. Brothers Adrian and Dragos Paval, successful entrepreneurs, are expanding their empire, which includes various sectors. Praktiker, with a turnover of €187.5m in 2023, has seen an improvement in profitability but also net losses. The move reflects confidence in Greece's business climate amid economic growth.

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Libertatea
Dedeman cumpără Praktiker Hellas, extinzându-și prezența în Grecia. Ce vor frații Pavăl să obțină pe piața elenă
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Business Magazin
ULTIMĂ ORĂ: Fraţii Pavăl, proprietarii Dedeman, cumpără prin Pavăl Holding Praktiker Hellas, o reţea de magazine de bricolaj cu 700 de angajaţi din Grecia, pentru mai bine de 130 mil. euro. Presa locală: Este posibil ca brandul Dedeman să intre pe piaţa din Grecia
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Ziarul Financiar
ULTIMĂ ORĂ: Fraţii Pavăl, proprietarii Dedeman, cumpără prin Pavăl Holding Praktiker Hellas, o reţea de magazine de bricolaj cu 700 de angajaţi din Grecia, pentru mai bine de 130 mil. euro. Presa locală: Este posibil ca brandul Dedeman să intre pe piaţa din Grecia
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ULTIMA ORĂ SURPRIZĂ Frații Pavăl (Dedeman) cumpără un mare lanț de magazine din Grecia

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NEWS ON THE SAME TOPICS

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Economy
Dedeman increases the salaries of all employees in Greece, renaming Praktiker Hellas to Dedeman Hellas. The company is looking to hire 100 people.
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Economy
The owners of Dedeman take over Carrefour Romania. The Competition Council approved the takeover of the Carrefour group by Pavăl Holding.
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Current Affairs
Brothers Dragoș and Adrian Pavăl are investing in the Grand Hotel Gardone in Italy, which will be reopened in 2027 after a renovation of 60 million euros.
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Carrefour has completed the sale of its operations in Romania to Pavăl Holding, marking the end of its 25-year presence in the local market.
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Economy
PPC intends to acquire Flanco as it expands into the retail of electro-IT products and energy solutions
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Dedeman is preparing to demolish 46 old buildings in Sector 5 as part of the regeneration of a former industrial area
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Dedeman the Pavăl brothers Pavăl Holding Greece

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