April 15 (SeeNews) – Belgium’s real estate developers Baltisse and Straco said on Monday that they acquired a majority stake in Romania-based peer Speedwell, thus entering the local market.
“This strategic move solidifies Baltisse and Straco’s commitment to expanding their presence in Eastern Europe,”, the companies said in a joint statement.
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The acquisition is part of Baltisse and Straco’s broader commitment of expanding their presence in Eastern Europe, the real estate developers said in a joint press release.
Following this transaction, Speedwell co-founders Jan Demeyere and…