Jun 30, 2021

Țuca Zbârcea & Asociații closes yet another deal in the hospitality sector

Flavours, the most representative player in the hospitality and food services industry, attracted Mozaik Investments fund as its shareholder. Țuca Zbârcea & Asociații advised the shareholders of Flavours on partnering up with the Mozaik Investments fund that will help fuel Flavour's future growth plans as part of an investment plan worth EUR 5 million. The legal team included Dragoș Apostol, Partner.

The Flavours - Mozaik transaction adds to the portfolio of projects recently carried out by Țuca Zbârcea & Asociații in the hospitality industry, such as the sale of the iconic Ramada Majestic hotel or the launch, followed by the attraction of a seed investment in CoMarket, a B2B platform designed as a digital tool to connect HoReCa professionals and suppliers.