Teraplast S.A. (BVB:TRP) signed an agreement to acquire additional 7% stake in SC DEPACO SRL from Dragos Irimescu on November 21, 2017. Depaco reported a net profit of RON 10.31 million and turnover of RON 127 million in 2016. The acquisition is conditioned on obtaining the approval of the Competition Council. Teraplast S.A. (BVB:TRP) completed the acquisition of an additional 7% stake in SC DEPACO SRL from Dragos Irimescu for €12.4 million (RON 57.4 million) on January 31, 2018. The transaction has received approval from Competition Council. In addition, Teraplast has concluded the option for the remaining stakes, up to 100% of SC DEPACO SRL, held by Depaco’s minority shareholders. The transaction will take place within 4 years at a price correlated with Depaco's results in the upcoming years.