Recent Investments - Eastern Europe - Romania

Bancroft has acquired a significant stake in Dumagas Transport, a leading Romanian road transportation company. Dumagas Transport engages in general and specialised transportation of liquid, powder goods, and vehicles and holds a prominent position in controlled temperature warehousing and logistics.
It is the second investment in the third fund launched by Bancroft Private Equity, LLP, a Central and Eastern European, mid-market, private equity fund manager. This transaction was completed in July 2010. Bancroft will support the founding shareholders and managers as they continue developing the company’s activities across all its business lines, consolidate the group’s positions in key export markets, and speed up the development of the controlled temperature warehousing and logistics markets.