Family Home Concept SRL

Family Home Concept SRL

Family Home Concept SRL

Overview
Date Founded

1994

Headquarters

Calea Serban Voda, Nr. 133,Central Bussiness Park, Cladirea B,Sector 2,Bucharest, Bucurest 040205

Type of Company

Private

Industries

Retail: Appliances & Electronics

Company Description

Family Home Concept SRL engages in retail sale of electrical household appliances. The company was founded by Lorand Szarvadi-Teglas,Zsuzsanna Szarvadi-Teglas, Ferenc Hegedus, and Alexandru Mnohoghitnei in 1994 and is headquartered in Bucharest, Romania.

Executives & Employees

Chief Operating Officer

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Recent Transactions
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Ecap Advisers Ltd., TechnomarketDomo Group NV purchase Family Home Concept SRL from Dominuse Management Ltd.

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Romanian-American Enterprise Fund purchases Family Home Concept SRL

Investors
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Former Chief Financial Officer at Family Home Concept SRL

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Dominuse Management Ltd. is a private company headquartered in Cyprus that invests in companies.

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Axxess follows a buy-and-build strategy, aiming for both growth and stable returns. They focus on sectors with substantial growth opportunities afforded by the 2007 accession of Romania and Bulgaria to the European Union. They also invest selectively in the Western Balkans, Moldova and Ukraine. They target sectors such as financial services, retail, consumer products, healthcare, logistics, distribution, information technology, telecommunications, selected industrial activities, media and other consumer related services.Axxess generally invests between EUR 3 and 10 million in the form of direct equity and mezzanine debt. They typically acquire majority interests or significant minority stakes. They particularly target potential industry leaders in sectors with robust consolidation opportunities. Other investment criteria are a strong management team, a growth rate above that of the sector, and clear domestic and regional expansion strategies.

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