Centerra identified several high-potential asset purchase opportunities in Romania. Between 2006 and 2012, bringing management skills, development expertise and financial capabilities that were scarce in Romania at the time, Centerra was able to uniquely capitalise on these opportunities.

 

It formed a bespoke company structure for the acquisition of each asset, which was funded by dedicated investors. Centerra acquired these assets across four platforms – Flavus, Azureway/Atrox, Zoilos, and Jomrita – attracting international institutional investors and family offices who invested over €120 million in aggregate in these companies. Centerra principals personally invested alongside these investors, ensuring a full alignment of interests in the equity of the managed businesses.

 

The nature of the value creation was different for each one of the four platforms: