Arco Vara AS entered into a preliminary agreement for the sale of a 75% stake in Botanica Lozen EOOD

Arco Vara AS entered into a preliminary agreement for the sale of its 75% stake in the Bulgarian real estate development company Botanica Lozen EOOD. The buyer is Kamaleo Invest OOD, which already owns 25% of Botanica Lozen EOOD. The transaction constitutes a management buyout — Christian Petrov, r…