EVERGENT Investments has acquired a 5.11% stake in Agroserv Mariuta SA, the company that owns the dairy brand Laptaria cu Caimac, in a transaction intermediated by BT Capital Partners (BTCP), the investment banking and capital markets division of the Banca Transilvania Financial Group. The transaction was executed at 60 lei per share; the sellers included Madalina Cocan, one of the founders, who sold a 3.5% stake in a deal market transaction, as well as other market investors.

“We at EVERGENT Investments, an investor with a strategy focused on Romania, believe in entrepreneurial ideas and in the competitiveness of Romanian products. We are thus continuing to consolidate our investments in agribusiness. MILK is the symbol of a high-performing, sustainable, responsible and scalable business. By investing in Agroserv Mariuta we aim to create more value through capital infusion, strategic insights, and operational and relationship support. We support the business and the Laptaria cu Caimac brand to grow to its full potential and, based on ESG principles, contribute to the development of the wider community. Like the founders of Agroserv Mariuta, we are passionate about innovating and looking at traditional solutions from a different perspective, to support the company across economic cycles and generate performance,” said Claudiu Doros, President and CEO, EVERGENT Investments.

Agroserv Mariuta SA’s shares trade under the ticker symbol MILK on the Bucharest Stock Exchange (BVB) AeRO market, following the listing that took place on May 21 this year. Prior to listing, the company carried out a private placement through which it sold 431,020 shares at a price of 45 lei per share, raising 19.4 million lei from capital market investors in exchange for 25% of the share capital.

“We appreciate EVERGENT Investments’ confidence in Agroserv Mariuta and in the potential of the Laptaria cu Caimac brand, and we are pleased they are joining our growth effort,” said Madalina Cocan, majority shareholder of Laptaria cu Caimac.

Following EVERGENT Investments’ acquisition of over 5% of the share capital, Agroserv Mariuta’s three founders — Madalina Cocan, Adrian Cocan and Serban Nicusor — together hold 71.6% of the company’s shares, with the remaining 23.4% representing freely tradable shares.

This is the third transaction intermediated by BT Capital Partners for Laptaria cu Caimac, after the 3 million euro bond issue carried out in November 2020 and the private placement and listing of MILK shares on the BVB in May this year.

“We are pleased to be part of Laptaria cu Caimac’s story on the BVB and are confident that the partnership between Evergent and Laptaria cu Caimac will bode well over the long term — for both parties and for the company’s other shareholders. The presence of an institutional investor in the shareholder base of any listed company is beneficial, as issuers gain access to resources beyond pure funding, such as strategic, planning and corporate governance expertise.” said Daniela Secara, CEO, BT Capital Partners.

BT Capital Partners is one of the most active intermediaries on the Bucharest Stock Exchange’s AeRO market, having over time advised renowned entrepreneurial companies on their path to the capital market: Dr. Leahu Dental Clinics (bonds, 10 million lei, 2019), Vivre Deco (bonds, 3.5 million euro, 2020), Laptaria cu Caimac (bonds, 3 million euro, 2020; shares, 19.4 million lei, 2021) and Simtel Team (shares, 13.7 million lei, 2021).

Agroserv Mariuta SA was founded in 1994 and until 2018 operated exclusively in agriculture — field crops (wheat, barley, rapeseed, triticale, corn, alfalfa and others, on an area of 3,000 ha) and a dairy cattle farm (with over 2,700 animals). Starting in 2018 it commissioned a modern dairy plant and launched the Laptaria cu Caimac brand, which has seen fast-growing consumer preference thanks to its high-quality products.

EVERGENT Investments, a financial investment company with over 30 years’ experience on Romania’s capital market, is a pioneer, contributing to the development of the community it is part of. By applying a well-articulated and responsible strategy, EVERGENT Investments efficiently capitalises on investment opportunities, both on the capital market and through private equity projects.


EVERGENT Investments is an Alternative Investment Fund Manager (AIFM), authorised by the Financial Supervisory Authority under authorisation no. 20 dated January 23, 2018, and a company listed on the Bucharest Stock Exchange under the ticker EVER. As at May 31, 2021, the company held an asset portfolio valued at 2.38 million lei. Of the total value of assets under management, listed equities account for the largest share at 68.9%, while unlisted equities account for 8.7%. The main sectors in the portfolio structure, relative to total assets, are: financial-banking 44.4%, energy 15.4%, manufacturing 6.2% and real estate 6%. www.evergent.ro

Laptaria cu Caimac has its own farm and uses the latest methods to produce high-quality dairy that is natural, safe, nutritious and free of unnecessary additives. The state-of-the-art processing plant, in which over 5 million euro has been invested, has technical capacity to process approximately 75 tonnes of milk per day, and modern processing techniques allow pasteurisation at a lower temperature than the usual industry average, to preserve the authentic taste of cow’s milk and as much of the nutrients as possible. www.laptariacucaimac.ro

BT Capital Partners, the investment banking and capital markets division of Banca Transilvania, is Oaklins’ exclusive member in Romania — the leading global alliance of M&A specialists — and the largest retail broker on Romania’s capital market. BT Capital Partners provides services for attracting investors via the capital markets, brokerage services, M&A advisory, structuring complex financing schemes, research and strategic management advisory. www.btcapitalpartners.ro