Teraplast S.A. (BVB:TRP) agreed to acquire 70% stake in SC Somplast SA on December 29, 2020. The transaction was financed from the proceeds of selling the land for €1.3 million. Teraplast S.A. will take control over Somplast following the receipt of the Competition Council approval. Teraplast S.A. (BVB:TRP) completed the acquisition of 70% stake in SC Somplast SA on April 14, 2021. The approval from Romanian antitrust authority was received on April 14, 2021.