Arco Vara agrees to sell 75% stake in Bulgaria’s Botanica Lozen for EUR 6.3 million
Arco Vara agreed to sell its 75% stake in Bulgaria’s Botanica Lozen to minority owner Kamaleo Invest for EUR 6.3 million. Payment terms include a EUR 1.27 million deposit within seven business days, EUR 1 million by Oct. 31, 2026, and EUR 4.03 million at closing. Closing is targeted by Feb. 26, 2027; the first two paym