The European Bank for Reconstruction and Development (EBRD), CEECAT Capital, and Morphosis Capital have completed their exit from Romanian retailer La Coco\u0219 following the sale of a majority stake to Schwarz Group. The transaction was finalized after receiving approval from Romania\u2019s Competition Council.<\/p>\n
The investor consortium entered La Coco\u0219 in 2024 to support its national expansion. Within one year of the investment, La Coco\u0219 expanded its store network from three to seven locations across Romania. Plus, it reported revenues of EUR 298 million in 2025, up from EUR 227 million the previous year.<\/p>\n
Founded in 2014, the company operates a \u201chypercash\u201d retail model built on a focused product range and volume-based pricing, targeting both individual consumers and small businesses.<\/p>\n
\u201cI am grateful to our investors \u2013 EBRD, CEECAT Capital, and Morphosis Capital for their trust in our vision and for the strategic support and expertise they brought in helping us scale the business. Joining the companies of Schwarz Group gives us the strength, resources, and expertise needed to accelerate the further development and rapid scaling of our concept, both in Romania and in international markets,\u201d said Iulian Nica, Founder and Managing Director.<\/p>\n
Following the deal, La Coco\u0219 becomes part of Schwarz Group, which also owns Lidl and Kaufland. Founder Iulian Nica will remain at the helm of the company, and the hypercash model is set to continue in Romania, with potential expansion into other European markets.<\/p>\n